The Digital Asset Market Clarity Act (H.R. 3633) a major U.S. digital asset legislative proposal that divides regulatory power between the SEC …
market
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Scams
Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off
by shayaanby shayaanIn brief Robinhood posted record Q2 revenues of $1.31 billion, up 32% year-over-year, beating Wall Street’s estimate of $1.26 billion. Crypto revenue …
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Regulation
Kalshi, Polymarket win pause against Minnesota’s prediction market ban
by shayaanby shayaanA federal judge ruled that Minnesota’s law banning prediction markets likely runs afoul of the Commodity Exchange Act, granting a preliminary injunction …
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In brief The odds that the Fed pushes for “no change” on interest rates has fallen sharply on prediction markets in the …
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The Hyperliquid Policy Center and Multicoin Capital have filed a joint comment supporting the Commodity Futures Trading Commission’s proposed prediction-market framework. The …
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Adoption
Federal Judge Blocks Minnesota’s First-of-its-Kind Prediction Market Ban
by shayaanby shayaanMinnesota’s attempt to become the first state to outlaw prediction markets hit a swift legal wall on Monday when a federal judge …
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Adoption
Wall Street Banks Take It Slow As $90 Trillion Perpetual Futures Market Opens In The U.S.
by shayaanby shayaanThe crypto market’s most traded product—perpetual swaps—is finally arriving on U.S. regulated exchanges, but the biggest Wall Street institutions are staying away, …
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In a new advisory, the Commodity Futures Trading Commission’s Division of Market Oversight called on designated contract markets to comply with the …
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Markets
Bitcoin settles near $65,000 as oil's march toward $100 fails to spook the market
by shayaanby shayaanBTC held just under $65,000 and crypto broadly rose on Friday even as Brent crude surged to $97.66, its highest since May, …
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Finance
J.P. Morgan Reports JLTXX Tokenized Money Market Fund’s Market Cap Surge
by shayaanby shayaanJ.P. Morgan’s JLTXX tokenized money market fund recently recorded the largest increase in market cap among tokenized U.S. Treasury funds over the …