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CME Group to sue CFTC over approval of perpetual futures, CEO tells CNBC
CME Group CEO Duffy said perpetual futures should be classified as swaps under the Dodd-Frank Act, which would form t…
Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act
Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does …
Crypto-backed GOP candidate wins Alabama Senate runoff with June primaries looming
Several more US states are scheduled to hold primaries next week after one Republican candidate won in Alabama on Tue…
Blockchain.com deepens onchain stock offerings as tokenized equities market grows
The rollout in collaboration with Ondo Finance broadens access to tokenized traditional assets as demand for onchain …
Kalshi adds software partner as it looks to boost prediction market surveillance
The collaboration comes as US state regulators and the CFTC battle over oversight of event-based contracts.
US lawmakers warn against presidential pardon for Sam Bankman-Fried
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related t…
Bybit lands on Singapore MAS Investor Alert List
Crypto exchange Bybit has been added to Singapore’s MAS Investor Alert List, which flags entities that may be mista…
Trace Finance raises $32M for cross-border stablecoin settlement expansion
The raise comes as stablecoin regulation advances globally and financial firms invest in infrastructure connecting bl…
Ready USDC card halts non-EEA service after issuer change, users report
Users reported losing access to Ready’s USDC card outside the EEA after a card provider change triggered rapid deac…
CoinMENA, Standard Chartered partner on UAE payment rails
CoinMENA will use Standard Chartered to strengthen fiat payment rails in the UAE, while Revolut reportedly secured ce…
‘He had his day in court:’ Sens. Lummis and Gallego press Trump not to pardon former FTX CEO Sam Bankman-Fried
Sam Bankman-Fried was found guilty on all seven counts related to defrauding FTX customers, lenders, and investors.
Inveniam to acquire Mantra after turbulent year marked by OM crash
Inveniam announced plans to acquire Mantra, a blockchain project that spent the past year recovering from the collaps…
On-Chain, In Court: What happened in crypto legal news this week
The Polymarket insider trading case and a retrial of Tornado Cash co-founder Roman Storm are expected to move forward…
Wall Street is paying up for Bitcoin miners’ AI infrastructure before most of it is built
A megawatt leased to an AI tenant now commands a different price on Wall Street than a megawatt sitting in a Bitcoin …
Benchmark sees Coinbase moving past ‘cyclical crypto brokerage,’ reiterates $270 price target
Benchmark reiterated its Buy rating on Coinbase, citing an expansive product rollout pushing it beyond a "cyclical cr…
China pays closer attention to stablecoins as cross-border role expands
A senior PBOC official called for closer monitoring, stronger regulation and international coordination as stablecoin…
Hyperliquid's $10B open interest coincides with growth in equity-linked markets: Talos
Hyperliquid’s $10 billion open interest milestone shows growing demand for onchain equities and commodities trading…
BitGo courts crypto firms awaiting MiCA approval amid Binance licensing concerns
BitGo launches a MiCA-compliant crypto infrastructure platform in Europe as exchanges face pressure to meet July 1 li…
Congress reaches deal on housing bill with CBDC ban until 2030
The US could soon temporarily ban a central bank digital currency, as House and Senate leaders came to a deal on the …
Illinois governor approves crypto transaction tax despite industry uproar
“There is effectively no comparable state financial transaction tax on stocks, bonds or derivatives anywhere in the…
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way t…
Tokenized asset market tops $43B as institutions accelerate blockchain adoption
Tokenized financial assets have surged 37% in six months as institutions expand blockchain adoption and the market br…
Crypto PAC has $12M stake in Senate primary runoff as Alabama voters head to polls
Defend American Jobs reported spending $7.4 million on media to support Republican Barry Moore ahead of his May 20 Al…
Coinbase lets users transfer stock portfolios as exchange expands beyond crypto
The crypto exchange is deepening its push into traditional finance by enabling ACATS stock transfers and expanding tr…
Coinbase unveils ‘System Update’ unlocking an AI advisor, global unified liquidity, options trading and more
Coinbase's latest System Update includes a new AI-powered advisor and global unified liquidity between its U.S. and i…
Binance says it considers EU license compliant amid reports of potential rejection
Without specifically calling out a report on Binance’s EU license, the crypto exchange warned that any rejection fo…
Ripple targets Africa’s remittance market with Flutterwave investment
Ripple’s investment in Flutterwave will bring RLUSD, Ripple Payments and XRPL to one of Africa’s largest fintechs…
Coinbase launching tokenized US stocks, backed 1:1, with holders able to receive dividends
Both rivals like Robinhood and Kraken and traditional financial institutions have shown an interest in offering token…
Binance may be forced to halt services for EU clients next month: Reuters
The reported setback comes just weeks before the EU's July 1 deadline for crypto firms to obtain MiCA authorization o…