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Arizona Attorney General Kris Mayes’ case against prediction market Kalshi appears to have hit a snag. The Commodity Futures Trading Commission announced Friday that it has won a temporary restraining order preventing the state from pursuing its criminal case against Kalshi (whose CEO Tarek Mansour is pictured above). “Arizona’s decision to weaponize state criminal law…
CFTC acting chair Caroline Pham says Monday was her last day at the regulator, with Michael Selig being officially sworn in to chair the agency. The US commodities watchdog has a new leader. Michael Selig was sworn in as chair of the Commodity Futures Trading Commission on Monday as acting chair Caroline Pham departed the…
CFTC acting chair Caroline Pham says Monday was her last day at the regulator, with Michael Selig being officially sworn in to chair the agency. The US Commodity Futures Trading Commission has officially undergone a change of leadership, with acting chair Caroline Pham saying she will leave the agency on Monday, while Mike Selig was…
Coinbase is buying The Clearing Company as it expands into prediction markets and broadens its product lineup beyond crypto trading. Coinbase has agreed to acquire The Clearing Company, an on-chain prediction markets startup that spans digital assets, politics, sports and culture, as it expands its push to become an “Everything Exchange” offering a broad range…
Coinbase sued regulators in Connecticut, Illinois and Michigan, arguing CFTC-regulated prediction markets fall under federal commodities law, not state gambling rules. Coinbase is taking three US states to court in a bid to lock in federal protection for its planned prediction markets, opening a new front in the battle over whether event contracts are finance…
Mike Selig pledged to make crypto a priority when he was picked to lead the CFTC in October, while Travis Hill has been speaking out against crypto debanking. The US Senate has confirmed crypto-friendly lawyer Mike Selig as the new chair of the Commodity Futures Trading Commission and has elevated Travis Hill to chair the…
The CFTC has scrapped its guidance on how crypto is delivered in a transaction, giving “way more flexibility for exchanges,” says StarkWare’s Katherine Kirkpatrick Bos. US Commodity Futures Trading Commission Acting Chairman Caroline Pham has scrapped “outdated guidance” on the delivery of crypto, which has been applauded for offering exchanges more flexibility. “Eliminating outdated and…
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto: BPCE will let millions of customers buy and sell BTC, ETH, SOL and USDC, Coinbase Institutional forecasts a strong year-end rally for Bitcoin. Meanwhile,…
Acting CFTC Chair Caroline Pham may be one step closer to leaving the agency after the Senate Agriculture Committee advanced US President Donald Trump’s pick to replace her. Michael Selig’s nomination to chair the US Commodity Futures Trading Commission is headed for a vote on the Senate floor after clearing a committee hurdle. In a…
Bitcoin tops $126,000 as Strategy’s BTC hoard swells; ICE backs Polymarket; Rezolve AI buys Smartpay; Plume gains SEC transfer-agent status. Big Tech companies that once dismissed Bitcoin (BTC) as a balance sheet asset are now watching Strategy, led by Executive Chairman Michael Saylor, amass a digital asset treasury approaching the size of their own cash…