CFTC Issues No-Action Letter on Prediction Market Data Reporting

The US Commodity Futures Trading Commission’s (CFTC) market and clearing divisions issued no-action relief for fully collateralized event contracts, easing certain swap data reporting and recordkeeping obligations for prediction market operators and clearing organizations. The divisions said Wednesday that they will not recommend enforcement against designated contract markets (DCMs), derivatives clearing organizations (DCOs), or their…

Intesa Sanpaolo’s Crypto Portfolio Hits $235M as Italy’s Biggest Bank Goes Deeper Into Digital Assets

Intesa Sanpaolo, Italy’s largest bank, more than doubled its crypto exposure in the first quarter of 2026, with holdings climbing from approximately $100 million at the end of 2025 to around $235 million as of March 31. The growth was driven by expanded Bitcoin positions, with the bank adding to positions in both the ARK…

Who Supports CLARITY on the US Senate Banking Committee?

The CLARITY Act, the crypto lobby’s long-awaited regulatory framework, is finally headed to a markup session in the United States Senate Banking Committee. It’s been a long road. The bill passed the House of Representatives on July 17, 2025, and has since been in deliberation in the Senate. Most recently, the crypto and banking lobbies…

DeFi's new front: VerifiedX bets bitcoin's next chapter is programmable, private

VerifiedX says its Bitcoin sidechain enables programmable, privacy-preserving transactions without synthetic wrappers, targeting growing institutional demand for native DeFi on the original blockchain system. Source link

Bitcoin Slides Under $79K on Macro Fears: Is a Rebound Around the Corner?

Bitcoin (BTC) faced a sharp contraction on Friday following a rejection at $82,000 the prior day. Recent price movements closely resembled the US small-capitalization stock index, hinting that macroeconomic factors are the leading drivers behind the nosedive below $79,000.  The anxiety sparked a sell-off in fixed-income markets. Counterintuitively, this may help Bitcoin embark on a…

SBI, Rakuten, Nomura Preparing to Launch Crypto Investment Trusts in Japan

Japan’s major brokerages are preparing to bring crypto investment trusts to retail investors, with SBI Securities and Rakuten Securities already developing products in-house, while others like Nomura plan to enter the space once regulations are finalized. SBI Securities plans to sell funds developed by group company SBI Global Asset Management, with products spanning both ETFs…

Ex-Celsius Exec Sentenced to Time Served after Guilty Plea

A US federal judge has sentenced the former chief revenue officer of defunct cryptocurrency lending platform Celsius to time served after almost three years following his arrest on fraud and conspiracy charges. In a sentencing hearing in the US District Court for the Southern District of New York on Wednesday, Judge John Koeltl ordered that…

Bitcoin Falls Below $78,000 as Analysis Eyes a New Bear Trap

Bitcoin (BTC) circled $78,000 on Saturday after geopolitical headwinds erased most of its May gains. Key points: Bitcoin falls below $78,000 for the first time since the start of May. Oil-supply woes combine with existing nerves over US bond markets, adding to headwinds for risk assets. Support weakness has traders looking at $75,000 and under…

Crypto users are choosing juicy yields over protection, putting billions at risk of hacks

DeFi insurance protocols debuted with huge ambitions during the 2020 crypto boom. But as hacks evolved and users chased yields over protection, most of the sector collapsed under the same risks it was built to cover. Source link

US CLARITY Act Will Be a ‘Boon For Domestic Innovation’: A16z

The US CLARITY Act, which aims to provide the US crypto industry with more regulatory clarity, could have a positive ripple effect beyond the crypto sector itself, according to venture capital firm a16z crypto. “If the US provides builders with regulatory clarity, it will be a boon for domestic innovation,” a16z crypto said in an…