Court Blasts SEC, Hands Coinbase Major Win The Third Circuit just gutted the SEC’s attempt to dodge judicial scrutiny, ruling that Coinbase can force the agency to defend its refusal to write crypto rules. The decision is a direct rebuke of the Commission’s strategy of regulation-by-enforcement and signals that courts may no longer let the…
Coinbase Now Owns Every Layer of Its Derivatives Stack After CFTC Approval Coinbase has taken a major step toward running more of its U.S. derivatives business in-house after the Commodity Futures Trading Commission registered Coinbase Clearing LLC as a Derivatives Clearing Organization (DCO). The approval gives Coinbase its own clearinghouse for certain products, rounding out…
Bitcoin bulls have one price level to defend Bitcoin bulls are facing a key price level that could determine whether the market maintains its current direction. However, no specific level, timeframe, or market development was provided. Without those details, it is not possible to assess the significance of the level or explain how traders and…
A stronger dollar is a weaker threat to bitcoin than traders think A rising U.S. dollar is often viewed as a headwind for bitcoin, but the relationship is not always straightforward. While dollar strength can affect liquidity and investor appetite for risk, it is only one of several forces influencing bitcoin’s market performance. The dollar’s…
MetaMask security incident forces Ethereum staking exits, no funds at risk A security incident involving MetaMask has prompted exits from Ethereum staking positions, although no user funds are reported to be at risk. The incident affects the staking process connected to MetaMask, leading to the withdrawal of staked Ether rather than the loss of deposited…
WisdomTree Deploys Tokenized Real World Asset Funds Natively on Arbitrum WisdomTree, Inc. (NYSE: WT) has expanded its tokenized real world asset (RWA) offering by enabling native access to its tokenized funds on Arbitrum, according to an announcement confirmed on September 30, 2026. The update is part of a broader set of enhancements to WisdomTree Connect,…
OpenAI, Google and Meta pledge independent AI safety audits under voluntary White House deal OpenAI, Google and Meta joined Anthropic, Nvidia and xAI in signing a voluntary White House accord that commits the companies to allow independent audits of their artificial intelligence safety controls. The agreement, endorsed by U.S. President Donald Trump on Sept. 29,…
KALSHI WINS ROUND ONE: CFTC CAN’T BLOCK ELECTION BETS Kalshi just beat the CFTC in federal appeals court, at least for now. The D.C. Circuit refused the agency’s emergency request to immediately shut down election contracts on the platform, leaving the CFTC’s ban in legal limbo. For crypto traders and prediction-market operators, the ruling signals…
Court Blocks Texas Crypto Seizure in Envy Blockchain Fight Texas appeals court just handed crypto miners a rare win against state power. In a sharply worded mandamus ruling, the Eighth Court of Appeals ordered lower courts to stop El Paso officials from seizing Envy Blockchain’s land and equipment over a disputed tax bill—halting what the…
JUDGES PULL CFTC’S TEETH IN KRAFT FIGHT The Seventh Circuit just told the Commodity Futures Trading Commission it cannot force two food giants to hand over internal records without proving those records are essential to an active enforcement case. The ruling slams the brakes on the agency’s habit of using broad administrative subpoenas to fish…
BILZERIAN’S OLD INJUNCTION HAUNTS NEW CRYPTO PLAYERS The D.C. District Court just dusted off a 2001 injunction against Paul Bilzerian to block an attempt to launch a new digital-asset venture without SEC oversight, showing that decades-old securities bans can still slam the brakes on today’s crypto projects. The ruling matters because it signals the SEC…
SEC WINS JURISDICTION OVER DEFI FRONTIER Federal appeals court hands SEC broad new power over decentralized finance protocols, ruling that code-as-conduct is enough to trigger federal securities law. The decision immediately redraws the battle line between software developers and regulators, leaving little doubt that the Commission’s reach now extends past token issuers into the architecture…
The SEC is modernizing transfer-agent rules. Wall Street must not repeat the ‘paperwork crisis’ The U.S. Securities and Exchange Commission is moving to modernize rules governing transfer agents, a key piece of market infrastructure responsible for maintaining official records of who owns securities. The update matters not just for traditional markets, but also for securities…
**CFTC Wins on Futures Fraud, Crypto Gets the Warning** The Seventh Circuit just handed the CFTC a clean win in a futures-fraud case that no one saw coming for digital assets. Judges ruled the agency can police deceptive schemes in any “commodity” transaction, even if the underlying asset never touches a traditional exchange. That single…
Banker Accused of Routing $932,000 in Client Funds to Coinbase for More Than $1,000 A banker allegedly routed approximately $932,000 in client funds to Coinbase in exchange for payments exceeding $1,000, according to the information provided. The case highlights the risks that arise when financial professionals use access to client accounts for personal gain. Moving…
Crypto Ruling Hands SEC New Weapon, Markets Brace for Blowback A federal appeals court just gave the SEC a sharper knife to slice through crypto’s gray zones, and exchanges are already feeling the blade. The Fifth Circuit’s April 17 ruling in the long-running fight over unregistered digital-asset sales strengthens the agency’s hand to treat many…
Regal Commodities v Tauber: New York Appellate Court Hands SEC a Win on Commodities Classification A New York appellate court just handed the SEC a powerful precedent by ruling that digital assets can be treated as commodities under state law even when they are traded on unregistered platforms. The decision tightens the noose on exchanges…
Ripple No Longer Member of BIS Cross-Border Payments Task Force Ripple is no longer a member of a cross-border payments task force established under the Bank for International Settlements (BIS). The change marks Ripple’s departure from a group focused on issues related to international payments. The task force’s work sits within the broader effort to…
CFTC’s Courtroom Raid on Kraft Gets Shot Down Seventh Circuit judges just blocked the CFTC from forcing Kraft to hand over documents the agency claims it needs to prove price manipulation. The ruling reins in an aggressive enforcement tactic and signals that regulators can’t simply paper-bomb targets when they lack solid evidence of wrongdoing. The…
Fifth Circuit Slams SEC on Crypto Rulemaking, Sends Shockwaves Through Markets The Fifth Circuit just gutted the SEC’s attempt to expand its crypto oversight without public input, ruling that the agency jumped the gun on enforcement actions targeting digital asset platforms. The decision marks a significant check on SEC authority and could reshape how crypto…
