Revenue has fallen four quarters running while open interest hit a record high. The gap is a fee-sharing program that hands half …
Backs
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CFTC Chairman Michael Selig said regulators must give financial innovation room to lead as the global derivatives market enters a new phase …
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Markets
Nomura’s Laser Digital backs ZIGChain for onchain private credit push in UAE
by shayaanby shayaanLaser’s investment in ZIGChain is understood to be in the high single-digit millions. www.coindesk.com
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Regulation
Michael Saylor Backs CLARITY Bill, Says Bitcoin Will Succeed Regardless
by shayaanby shayaanStrategy founder Michael Saylor has publicly voiced support for the CLARITY bill, a bipartisan legislative effort aimed at establishing clear rules for …
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Regulation
Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report
by shayaanby shayaanBipartisan work on the long-awaited Clarity Act continues after Democratic senator Catherine Cortez Masto said that she, along with two law enforcement …
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Investment giant Fidelity is the latest big player to back the latest version of the long-awaited Clarity Act. The Boston-based firm’s “Public …
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Regulation
Goldman Sachs CEO backs Clarity Act despite banking industry’s concerns over stablecoin rules
by shayaanby shayaanSolomon’s endorsement contrasts with growing opposition from other major banking executives, including JPMorgan Chase CEO Jamie Dimon, who have argued that the …
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Circle President Heath Tarbert has defended the company’s long-term strategy after Circle shares fell sharply from their post-IPO peak. Speaking in a …
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Cronos price jumped more than 4% today after Crypto.com secured a $400 million funding round led by Citadel Securities, a move that …
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Markets
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
by shayaanby shayaanVisa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its payments network. www.coindesk.com