The US derivatives regulator, the CFTC, is reportedly looking into whether Polymarket broke a 2022 settlement. The question is whether it let American users trade on its offshore platform. For traders, the case shows how closely US rules may apply to crypto-linked trading platforms.
Intel, Oracle and IBM have joined a growing list of companies objecting to tokenized stock plans from the OKX and ICE joint venture. A newer notice added four more objections, bringing the total to 26. The venture is preparing to test the SEC's new framework for blockchain-based stock trading, which may shape how tokenized stocks are offered.
A September survey found that a majority of Americans want candidates who support US-based financial technology. The poll offers a view of voters who may weigh fintech and digital asset policies when they vote on Election Day. For traders, it hints that crypto-related rules could become a campaign issue.
TD Cowen says a Democratic sweep in next week's midterms could stall the CLARITY Act. Meanwhile, regulators are still advancing rules that favor the crypto sector. For traders, the election result may affect how much political support crypto gets.
USDC now accounts for 56% of euro stablecoin trading, up since January 2024, according to Kaiko. The shift follows exchanges restricting USDT under the EU's MiCA rules, and USDC's deeper liquidity is helping it gain ground.
The crypto industry has spent about $176 million on more than 100 midterm races. The aim is a bipartisan group in Congress that can protect its interests after Trump leaves office. For traders, this signals that political backing for the sector could shape future crypto rules.
Polymarket says it has investigated dozens of bets tied to the US midterm elections. Its new head of investigations says the platform's surveillance system flags hundreds of alerts each day. At least two cases have been sent to the CFTC, the US derivatives regulator, which could signal closer oversight of prediction markets.
Deloitte's Rob Massey explains how the IRS is changing its tax guidance for crypto holders. He covers when wallet moves may count as taxable realization events and why 1099 forms fall short. For traders, the rules on reporting and taxable events could affect how and when they handle their bitcoin.
Japan's biggest yen stablecoin failed to reach its target in its first year. CEO Noritaka Okabe blamed a 1 million yen cap per transaction for Type II funds transfer providers, which has slowed corporate use. The result may show that rules on payments can hold back crypto adoption in Japan.
Coinbase has set a three-day deadline for USDT, PayPal and Trump-linked stablecoins under MiCA. Affected retail balances will be converted at market rates, with USDC used where suitable. Traders holding these stablecoins on Coinbase may need to plan for the switch.
Ripple has received final approval from the OCC for a federally supervised trust bank. The bank will manage reserves for the RLUSD stablecoin, which has about $2.6 billion in circulation, and offer custody services. Traders may watch this as a sign of tighter oversight for stablecoin reserves, even as banking groups challenge crypto charters in court.
A Zcash policy group is urging the SEC to protect unrelated wallet activity under its proposed fundraising rules. The group also wants material holdings and conflicts of interest to stay visible. For traders, the outcome could shape how privacy-focused coins like Zcash are treated in future fundraising.
Binance has filed for a crypto license in Brazil ahead of a Friday deadline. It is delisting 22 crypto assets for Brazilian users, and it hopes talks with the central bank will let it restore some services. The move could limit access to certain tokens for Brazilian traders.
The Office of the Comptroller of the Currency has approved Ripple National Trust Bank, which clears the way for Ripple to launch it. Ripple CEO Brad Garlinghouse shared the news on X. Traders may see it as a sign that a major crypto firm is moving into the regulated U.S. banking system.
US regulators have given Ripple final approval to become a national trust bank. The approval lets Ripple manage the reserves that back its RLUSD stablecoin and offer digital asset custody. For traders, it signals a clearer US regulatory path for stablecoins and crypto custody services.
Ottawa has opened a 60-day consultation on draft rules for stablecoin issuers. The rules would require one-to-one reserves, fast redemption, and fees capped at 1%, while keeping the ban on paying interest to holders. For traders, the draft shows how Canada may tighten stablecoin operations and limit how these tokens can earn returns.
The US Office of the Comptroller of the Currency (OCC) is asking community banks to become issuers of payment stablecoins. The call follows the OCC finalizing its rules for the GENIUS Act, a stablecoin law set to take effect in January. For traders, it shows stablecoin rules are moving closer to real use.
The NBA has agreed to share information with the CFTC, the U.S. derivatives regulator, to help prevent insider trading. The deal follows similar agreements with MLB and NHL, while the NFL is contesting the CFTC's role in court. The shift matters for traders because sports betting is moving onto CFTC-regulated trading venues.
Canada's government has opened a public consultation on a proposed framework for stablecoins issued by non-financial firms. The move is part of a possible rollout of its Stablecoin Act and references the US GENIUS Act. For traders, it signals that stablecoin rules in a major economy are still taking shape.
Prediction markets got the Brazilian election wrong, according to experts. They say Brazil's ban on these markets left the odds in the hands of traders who knew little about the race. For traders, it is a reminder that odds from poorly informed traders may not be reliable.
TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.