The US regulator’s move could make it easier for crypto wallets and other apps to offer access to regulated derivatives and prediction markets without registering as introducing brokers. The Commodity Futures Trading Commission (CFTC) has expanded regulatory relief for “passive software” providers that connect users to regulated derivatives firms and exchanges. In a no-action position...Continue Reading

MoonPay plans to use WisdomTree’s $1.2 billion WTGXX tokenized fund as part of its stablecoin reserves while helping expand access to US investors. WisdomTree and MoonPay are partnering to expand US investor access to a tokenized Treasury money market fund, which MoonPay also plans to use as part of its stablecoin reserves. According to a...Continue Reading

Bitcoin made modest daily gains as US stocks saw upside in the aftermath of the US Federal Reserve’s first interest-rate hike since July 2023. Bitcoin (BTC) traded near $76,500 after Thursday’s Wall Street open as investors snapped up US stocks following their recent dip. Key points: Read moreContinue Reading

CLARITY isn’t dead after failing a key Senate vote, but with time running short and Democrats still demanding changes, its path forward is narrowing. Water, water everywhere and not a drop to drink may be the sentiment of the crypto industry, lobbyists and lawmakers who’ve spent the last year trying to get the CLARITY Act...Continue Reading

Former Hut 8 CEO Jaime Leverton will take the helm at Fortitude as the Zcash-focused miner expands its operations and moves toward a planned public listing. Fortitude Mining has appointed former Hut 8 CEO Jaime Leverton as chief executive as the Zcash-focused miner prepares to go public through a proposed merger with HeartSciences. Leverton will succeed...Continue Reading

Crypto.com’s CEO said its sister exchange was cleared to offer US access to single-stock perpetual futures, as the latest platform to bridge TradFi and digital assets. OG.com has received authorization from the US Securities and Exchange Commission (SEC) to offer single-stock futures in the US. Kris Marszalek, co-founder and CEO of crypto.com, made the announcement...Continue Reading

Bitcoin treasury companies promise to amplify returns over investing in Bitcoin alone, but does the potential upside outweigh the risks to the downside? There are now 179 listed companies holding Bitcoin on their balance sheets, all following variations of the same simple formula: Raise capital on traditional markets, buy Bitcoin and attempt to increase the...Continue Reading

The SEC’s Innovation Exemption allows limited tokenized US stock trading on onchain venues with trading caps and transparency requirements. The US Securities and Exchange Commission approved a temporary exemption allowing limited trading of tokenized US stocks on certain onchain venues. Under the innovation exemption approved Thursday, Tokenized Securities Venues (TSVs) can offer permissioned trading of...Continue Reading

S&P Global agreed to buy OpenZeppelin, which says its smart contracts have facilitated more than $37 trillion in value transfers. S&P Global is set to acquire the blockchain security company OpenZeppelin, expanding the financial data, ratings and benchmark provider’s digital asset capabilities. The deal announced on Thursday is aimed at complementing S&P Global’s risk assessment...Continue Reading

German crypto adoption is progressing through family offices and wealth managers, while the UK’s retail-facing cryptocurrency market remains “nascent,” according to the researcher. Cryptocurrency adoption is advancing in Germany, particularly among younger investors, while the UK is gradually falling behind, largely due to lagging regulations, according to CoinShares crypto researcher Luke Nolan. German cryptocurrency adoption...Continue Reading