A new political action committee, the Blockchain Leadership Fund, launched with backing from Anchorage Digital and Chainlink Labs.
Prediction markets spent years trying to present themselves as smarter, better, and more useful than straight-out gambling. Then sports arrived and did what elections, inflation contracts, and policy wagers never quite managed: it brought scale. They turned what was essentially a niche event trading activity into a mass product, and pushed the industry into a […]
The post The bets that made crypto prediction markets popular could now be banned appeared first on CryptoSlate.
Frustrations are continuing to boil over in the crypto industry as it finds itself again at an impasse over the treatment of stablecoins.
David Sacks is leaving his post as the White House's crypto and artificial intelligence czar, but he isn't going far.
The CFTC launched a new task force focused on cryptocurrencies, artificial intelligence, and the rapidly emerging area of prediction markets.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The SEC and CFTC just gave crypto its clearest and most straightforward regulatory guidance in years. Most crypto assets will no longer be treated as presumptive securities, and the agencies drew a sharper line between open crypto markets and tokenized versions of traditional financial products. Under normal conditions, that kind of clarity should have been […]
The post Crypto finally got SEC clarity. Why didn’t the market care? appeared first on CryptoSlate.
The FAQ aligns the CFTC's framework with the SEC's recent haircut guidance, setting a 20% charge for bitcoin and ether and 2% for payment stablecoins.
Key negotiators in advancing sweeping crypto legislation have reached an "agreement in principle" around the treatment of stablecoin yield.
Nevada is reportedly halting the operations of prediction market Kalshi within the state — at least for now.
XRP is entering a pivotal moment in its evolution as growing regulatory clarity is reshaping its position within the global financial system. The recent developments suggest that XRP is increasingly being viewed through the lens of a commodity rather than a security. This distinction could significantly impact how XRP is traded, adopted, and integrated into institutional finance. How The Regulatory Clarity Signals A Turning Point For XRP XRP has been officially designated a digital commodity by the SEC and CFTC, which is a game-changing regulatory victory for crypto. Crypto commentator Pumpius has revealed on X that the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have released a joint interpretive guidance clarifying how federal securities laws apply to digital assets. Related Reading: XRP Moves Into ‘Scarce Zone’ As Exchange Supply Dries Up In this framework, XRP is cited among examples of digital commodities. Meanwhile, these are assets whose value comes mainly from the programmatic utility of a functional, decentralized system combined with market-driven supply and demand, rather than from expectations of profit through the effort of others. This means other assets do not meet the Howey Test for securities. Pumpius explains that this distinction is significant because it will resolve the long-standing uncertainty for XRP after years of legal questions. With this classification, the guidance implies that oversight of assets in spot and secondary markets would shift primarily toward the CFTC. This development signals a broader stance that many major non-stablecoin cryptocurrencies may not qualify as securities. Furthermore, Pumpius emphasized that this move reflects a growing effort by the SEC and CFTC regulators to coordinate frameworks and reduce overlap. Thus, this is a formal Commission-level interpretation, not just staff guidance, and it brings significant legal clarity for developers, exchanges, and investors. Why XRP Adoption Trends Continue To Build Momentum According to Evernorthxrp, the largest public XRP treasury company, investors may want to look beyond short-term macro reactions and focus on what’s happening under the hood of XRP before responding to the latest Federal Reserve decision. The data show a rapidly strengthening network that XRP has now surpassed 7.7 million non-empty wallets for the first time in its 13-year history. Meanwhile, active addresses have climbed to a five-week high of 46,767 on March 16. Related Reading: XRP Ledger Transactions Triple In One Year – What’s Going On? At the same time, the tokenized commodities on XRP have surged from $111 million to $1.14 billion in 2026, giving the altcoin a notable share of over 15% of the global tokenized commodities market. Network usage is also accelerating, and XRP daily transactions have increased to nearly 3 million over the past week, with automated market maker (AMM) pools expanding to around 27,000. Evernorthxrp’s key takeaway is that these fundamentals remain unchanged regardless of whether interest rates sit at 3.5% or 3.75%. Featured image from Freepik, chart from Tradingview.com
The prediction market and MLB will exclusively work together "to restrict markets that present an integrity risk."
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
A Senate panel plans to hold a hearing to amend and vote on a broad cryptocurrency market structure bill in April.
The SEC is seeking to clarify how federal securities laws apply to certain cryptocurrencies and transactions.
This means Phantom can act as a non-custodial interface connecting users to registered derivatives platforms, removing the need for broker registration under specific conditions.
The CFTC considers Phantom’s proposed feature as a passive software interface, with users trading directly through regulated brokers.
The Digital Chamber and international financial technology platform Money20/20 are partnering to expand policy discussions.
Stand With Crypto stakeholders from states across the country sent a letter this week to senators urging them to protect DeFi.
Prediction markets platforms like Kalshi and Polymarket are seeing record trading volumes and valuations near $20 billion each.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Commodity Futures Trading Commission chief Michael Selig updated his progress on guidance for DeFi developers, crypto derivatives and prediction markets.
CFTC Chair Michael Selig said the agency is drafting asset taxonomy, DeFi guidance and leveraged trading rules.
Former CFTC Chair Christopher Giancarlo says banks, more than crypto firms, need the stalled Digital Asset Market Clarity Act.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The SEC has submitted commission-level interpretive guidance, which is currently at the prerule stage undergoing interagency review.
Trump's direct involvement is required, but it is hard to see that occurring while the U.S. is in armed conflict with Iran, TD said.
The newly appointed Chair of the Commodity Futures Trading Commission (CFTC), Mike Selig, has signaled that the United States is close to introducing a regulatory framework that would allow crypto perpetual futures to trade onshore. The move, if finalized in the coming weeks as suggested, could reshape the digital asset derivatives market and potentially create a significant opportunity for Hyperliquid (HYPE), one of the fastest-growing platforms in the perpetuals segment. CFTC’s Plan To Bring Crypto Perps Back To The US Speaking Tuesday at the Milken Institute’s Future of Finance conference, Selig said the CFTC plans to establish rules for crypto perpetual futures contracts — instruments that allow traders to maintain leveraged exposure to digital assets indefinitely, without expiration dates. Related Reading: Bitcoin Prints Fifth Straight Red Month; Previous Streak Was Followed By 300% Surge While these products have existed for years, they have largely operated on offshore exchanges in jurisdictions such as Asia, Europe and the Bahamas. According to Selig, the United States needs to “recapture” liquidity that migrated overseas under prior regulatory conditions. Selig framed the initiative as part of a broader modernization effort, describing “Project Crypto” as a historic interagency undertaking designed to update and future-proof financial regulations for emerging technologies. “We’re working towards getting perpetual futures, true perpetual futures, not long-dated contracts, here in the U.S. within the next month or so,” Selig stated. In addition to perpetual futures, Selig said regulators are examining how to accommodate decentralized finance (DeFi) protocols and blockchain-based systems within existing rules. Hyperliquid Policy Center Backs Selig’s Push The potential approval of US-based crypto perpetual futures has drawn attention from Hyperliquid, a decentralized exchange (DEX) that has rapidly gained prominence in the global perps market. Just two weeks ago, the Hyperliquid Policy Center (HPC) was established with a grant of 1 million HYPE tokens. The center’s mandate includes working directly with lawmakers and regulators to help shape clear rules for perpetual derivatives in decentralized markets. Following Selig’s remarks, the newly formed policy group publicly welcomed the regulatory direction. The HPC said it supports the Chair’s forward-looking stance and expressed readiness to assist in ensuring that decentralized perpetual derivatives markets can develop within the United States. Related Reading: BNB Chain Rolls Out Production-Ready AI Agent Tools With Live On-Chain Capabilities As previously reported by Bitcoinist, one of the center’s main objectives is to secure a defined legal structure for perpetual derivatives. Jake Chervinsky, who leads the Hyperliquid Policy Center, has argued that perpetual contracts offer practical advantages compared to traditional futures and options. In his view, perps are simpler in design and provide more direct exposure to underlying crypto assets. However, without regulatory clarity, they have struggled to gain traction within the US market. Activity across perpetual platforms has surged since late 2025, with total monthly volume reaching $829 billion. Analysts expect that figure could climb further if US regulators approve domestic crypto perpetual futures trading under the CFTC’s new leadership. At the time of writing, Hyperliquid’s native token, HYPE, was trading at $31.77, having recorded losses of 2.4% over the previous 24 hours. Nevertheless, the token is one of the few to show gains over longer time frames, with year-to-date growth of 74%, according to CoinGecko data. Featured image from OpenArt, chart from TradingView.com
Trump took a side on the ongoing debate over stablecoin yield that is holding up the passage of broad crypto market structure legislation.