The U.S. Commodity Futures Trading Commission is moving to formalize protections for non-custodial software, a step that could give crypto wallet developers and open-source builders more legal breathing room after the Phantom no-action precedent. CFTC wants clearer rules for non-custodial crypto software Phantom no-action relief set an important precedent Developer liability remains the big legal […]
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Coinbase is pressing the CFTC to draw a clean line around prediction markets, arguing the products already belong under federal derivatives law and don’t need Congress to reinvent the wheel. Coinbase filed on April 30 with the CFTC on prediction markets and event-based derivatives No new legislation needed, Coinbase says — the agency already has […]
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The CFTC’s push to formalize prediction market event contracts has triggered a messy but important showdown over who gets to control one of crypto’s most interesting—and most controversial—market ideas. More than 1,500 public comments were filed on the CFTC prediction market rules proposal. Kalshi, Polymarket, and a16z want the CFTC to keep sole federal control. […]
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A new draft of the U.S. Digital Asset Market Clarity Act takes direct aim at passive stablecoin yield, blocking issuers from paying interest-like rewards simply for holding tokens while still allowing incentives tied to real user activity. Stablecoin yield ban advances in the Digital Asset Market Clarity Act Passive rewards could be blocked; bona fide […]
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The Senate’s push to pass the CLARITY Act, a major crypto market structure bill, has hit a politically ugly stretch. The plan is simple enough on paper: finally define how the SEC and CFTC split oversight of digital assets. The reality is Washington doing what Washington does best — turning a policy question into an […]
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Polymarket is trying to bring its main exchange back into the U.S. market, and this time it wants the real door opened, not the side entrance. Main U.S. access: Polymarket wants direct approval for its core global exchange. Big money, big legitimacy: ICE invested heavily after Polymarket bought a CFTC-licensed exchange and clearinghouse. Regulatory heat: […]
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The CFTC is shrinking fast just as prediction markets, crypto-linked trading, and politically loaded wagers are getting harder to police. That is not exactly the kind of timing that inspires confidence. CFTC staffing down 24% since Trump returned to office Experienced enforcement lawyers were hit hardest Prediction markets are expanding as insider-trading concerns rise Lawmakers […]
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U.S. crypto regulation is finally showing signs of becoming a rulebook instead of a moving target, and Bitcoin traders noticed. The SEC and CFTC are edging toward a formal framework for classifying digital assets, while political support for the CLARITY Act is adding more fuel to the fire. Meanwhile, Ethereum supply moves, DeFi rescue efforts, […]
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US House Passes CLARITY Act to Split Crypto Oversight Between SEC and CFTC The U.S. House has passed the CLARITY Act, a long-awaited push to give crypto regulation some actual structure by splitting oversight between the SEC and CFTC based on how centralized or decentralized a token really is. SEC for tokens tied to a […]
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A broad coalition of crypto firms and advocacy groups is pressing the U.S. Senate to move the Clarity Act forward, warning that Washington’s usual delay tactics could send jobs, capital, and real innovation overseas. Crypto industry wants Senate action on the Clarity Act Stablecoin rewards, SEC vs. CFTC oversight, and developer protections are still unresolved […]
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