Fed. Governor Christopher Waller said the central bank plans to roll out its "skinny master account" proposal before the end of the year.
Courts across the US are split on whether sports-related prediction contracts qualify as regulated financial products or unlicensed gambling.
Analysts at Bernstein said the current bitcoin downturn reflects a crisis of confidence rather than structural damage.
The filings come after Polymarket executives confirmed plans to launch a native POLY token, though no timeline has been announced.
Disagreements over stablecoin yield provisions between banks and the crypto industry have contributed to delays in the U.S. crypto market structure bill.
Sports contracts continue to dominate predictions market trading volumes, as state and federal regulators clash over their treatment.
Sen. Mark Warner said he feels like he's stuck in "crypto hell" as the Senate Banking Committee tries to revive stalled talks.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The firms said the deal reflects shared priorities around security, compliance, and scaling institutional-grade services for stablecoins.
The firms warned that current scope limits, volume caps, and time-limited licenses are constraining live products as the U.S. moves ahead.
The CFTC has scrapped a 2024 proposal to ban political prediction market contracts just as states double down on oversight.
CME Chairman and CEO Terrence Duffy said the firm is developing a tokenized cash product for derivatives trading collateral.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Treasury Secretary Scott Bessent came under intense scrutiny from lawmakers during a contentious House hearing Wednesday.
Bitcoin's continued sell-off is reviving concerns that the market may be slipping back into a familiar four-year cycle pattern.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The Avalanche Policy Coalition unveiled a new advisory council, led by Ava Labs General Counsel Lee Schneider.
Trump denied knowledge of a $500 million Abu Dhabi investment in World Liberty Financial as conflict-of-interest concerns mount in Congress.
Hougan said institutional ETF and digital asset treasury flows masked the severity of losses across much of the crypto market last year.
Crypto advocacy groups called a White House meeting on Monday to discuss an intensely contested topic on how to treat stablecoin rewards.
NYAG Letitia James and other top prosecutors in the state are raising concerns over the recently enacted GENIUS stablecoin law.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
And the more significant challenge is securing enough Democratic support in the Senate for the crypto legislation, TD Cowen added.
The firm argues institutional flows, U.S. policy, and sovereign-asset considerations could set the stage for the 'most consequential' cycle.
Representatives from Coinbase, crypto trade groups and banking organizations are expected to meet next week to discuss the treatment of stablecoin rewards.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
President Trump announced Kevin Warsh as his pick for Federal Reserve chair following a sharp surge in prediction market odds overnight.
Crypto liquidations topped $1 billion as leveraged long positions were flushed during the slide and the market cap dropped below $3 trillion.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The CFTC is joining forces with the SEC on “Project Crypto”, an initiative aimed at modernizing cryptocurrency regulation.