DeFi · Markets · Regulation
Three major crypto exchanges halted tokenized SpaceX allocation campaigns after xStocks was unable to secure underlying shares. Competing DeFi protocols from Ondo and Backpack launched successfully the same day.
In an amicus brief to the Sixth Circuit, former SEC chair Gary Gensler sided against the CFTC's position, arguing that sports prediction markets do not qualify as regulated swaps under Dodd-Frank.
US derivatives regulator issues guidance allowing designated contract markets to transition existing perpetual-style futures contracts into fully-fledged perpetuals, a move aimed at maturing the regulated crypto derivatives landscape.
The lending protocol's Series B raise signals venture capital interest in decentralized credit infrastructure as stablecoin adoption accelerates.
A federal appeals panel has rejected Sam Bankman-Fried's bid to overturn his conviction, leaving the former FTX founder with limited legal options as he seeks clemency from President Trump.
Research indicates Americans have traded significant sums on international prediction platforms, with projections suggesting activity could reach $133 billion annually by 2030.
Several cryptocurrency firms have withdrawn plans to offer tokenized SpaceX shares, refunding participants as the aerospace company prepares for a major initial public offering.
Large institutional holders including Bitcoin ETFs and corporate treasuries are displaying reduced buying appetite, threatening support around the $60,000 level.
The SEC has filed a proposal to rescind Regulation NMS Rule 611, a decades-old safeguard that prevents trades executing at worse prices. The move could open the door to blockchain-based equity trading on Wall Street.
Major crypto platforms have withdrawn tokenized SpaceX IPO allocations and pledged refunds to users, following the aerospace company's Nasdaq listing.