U.S. CFTC moves to fold event contracts into swaps regulations as legal fight rages
The derivatives regulator is proposing a formal rule to include certain contracts traded on platforms like Kalshi's as swaps that require the agency's…
New York permanently bars Celsius founder Mashinsky in $35M fraud settlement
The agreement resolves a 2023 civil fraud lawsuit against the Celsius founder and permanently bars him from the cryptocurrency, securities and commodities…
THORChain exec accuses Tether of temporarily freezing USDT vaults
Chad Barraford, technical cofounder of the network, said that the funds were frozen and then unfrozen without explanation. Source:Cointelegraph
Robinhood Chain considers technology that gives paying traders priority
Arbitrum recently replaced its Timeboost transactionordering system with a new model called Priority Gas Auctions. Source:CoinDesk
Microsoft is nearing a big milestone that solidifies its revival
Microsoft is close to reclaiming a $4 trillion market cap — and fresh records are also in sight. Source:MarketWatch
HSBC, Ant Digital test AI-agent payments using tokenized deposits
The technical trial showed how AI agents could discover services and make micropayments using HSBC’s tokenized deposits, with realtime settlement and risk…
More evidence that broad-market index funds remain unbeatable, even in the era of AI stock-picking
Even with the rising use of AI, picking marketbeating stocks has not become any easier this year, a new report finds. Source:MarketWatch
Blockchain.com pursues CFTC approval for prediction markets: CNBC
The crypto company has reportedly applied for two licenses with the US commodities regulatory as the courts weigh prediction markets cases. Source:Cointelegraph
Taxing stocks, estates and employee benefits could keep Social Security from running out of money. Here’s who could pay the most.
Social Security is projected to become insolvent in six years. These are some of the creative solutions that are on the table, beyond raising payroll taxes.…
Hurricane Isaias to ‘stress test’ oil markets already hobbled by tight fuel supplies
Supply disruptions during the Atlantic hurricane season usually end up being a blip. This year could be very different. Source:MarketWatch
SEC Proposes Expanding Securities Eligible for Cross Trading by Registered Funds
The Securities and Exchange Commission today proposed amendments to the Investment Company Act “crosstrading rule,” which permits transactions in securities…
New York AG secures up to $35 million and lifetime crypto ban from Celsius’ Alex Mashinsky
Alex Mashinsky, already serving 12 years for fraud, settled New York’s civil case over claims he misled Celsius customers about the failed crypto lender’s…