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…
Trump taps Russia to boost global diesel supplies ahead of midterms. It may be ‘too little, too late,’ says strategist.
The Trump administration has enlisted Russia to help boost U.S. and global diesel supplies in an effort to lower prices for the fuel ahead of the U.S. midterm…
US plans to seize $1B in crypto linked to Iran this week: Scott Bessent
The Treasury Department has announced several digital asset seizures related to sanctions on Iran as part of US sanctions. Source:Cointelegraph
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…
Here’s how Treasury yields could rise to 6% — even without market upheaval
The bond market will be closed on Monday for Columbus Day, but the stock market will operate normally. Source:MarketWatch
Country music star Zach Bryan buys $18 million, 40-acre Tennessee estate after getting married
Country star Zach Bryan has reportedly forked over $18.25 million for a sprawling estate in Franklin, Tenn.—months after tying the knot with Samantha Leonard.…
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
Why you need to take a closer look at your favorite stock index
Also in Weekend Reads: A positive case for the bond market, how prediction markets can pull you in, and a warning to those who benefit from GLP1s.…
Trump ramps up battle to fire Fed’s Lisa Cook. Her lawyers say there’s no basis to remove her.
Trump wants the committee to report on whether there are grounds for Cook’s removal from office. She hasn’t been charged with a crime. 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…