U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog

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Crypto News

The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a quarter of the CFTC’s staff has left since 2025, under […]

Where Tokenized Assets Are Today

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Crypto News

In today’s newsletter, Marcin Kazmierczak from Redstone takes us through the evolution of tokenization as it moves from “concept to allocation.” Then, in “Ask an Expert,” Kieran Mitha answers investor questions about tokenized investments. – Sarah Morton Where Tokenized Assets Are Today Tokenization is moving from concept to allocation. What matters now is how these […]

Solana Policy Institute-backed PAC spends millions to jam Sherrod Brown’s Senate run

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Crypto News

A conservative U.S. political action committee backed by the Solana Policy Institute — the Sentinel Action Fund — has committed to a massive advertising spend on the political opponent of former Senator Sherrod Brown, a Democrat and prominent crypto skeptic who is trying to return to Washington in this year’s Ohio Senate election. Sentinel and […]

Why Morgan Stanley’s CFO thinks tokenization is the next big step for its multitrillion-dollar wealth business

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Crypto News

Morgan Stanley is signaling a growing focus on tokenization and blockchain-based infrastructure, framing “onchain” finance as a potential next step in how it serves wealth clients. Speaking during the bank’s first-quarter earnings call, executives described a future where assets and liabilities move more freely across digital rails. “How do you think of a tokenized world? […]

BTC pulls back after breakout attempt, but larger move could be in store

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Crypto News

Bitcoin BTC$74,224.79 started the day with a promising chance for a breakout, but the rally fizzled out at a familiar brick wall that has kept a lid on prices for more than two months. After briefly topping $76,000 — a key resistance level — the largest crypto reversed course, slipping below $74,000 later in the […]

High Roller stock soars as much as 130% on Crypto.com prediction market agreement

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Crypto News

High Roller Technologies Inc. (ROLR) stock more than doubled after the online casino operator said it planned to introduce an event-based prediction market in the U.S. in conjunction with Crypto.com. The Las Vegas-based company said Tuesday it will initially offer its customers Crypto.com Derivatives North America (CDNA) event contracts in the U.S. across finance, sports […]

U.S. lawmakers take another swing at crypto tax policy with revised bill

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Crypto News

Congressmen Steven Horsford (D-Nev.) and Max Miller (R-Ohio) re-introduced their Digital Asset Protection, Accountability, Regulation, Innovation, Taxation and Yields (PARITY) Act late last month, seeking to update how the U.S. addresses crypto and taxes. Congress is going to address taxes (in general) in the coming months, and crypto may end up part of this. It’s […]

CFTC Chair Mike Selig argues for agency’s ‘exclusive regulatory authority’ in prediction markets fight: State of Crypto

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Crypto News

Commodity Futures Trading Commission Chairman Mike Selig told CoinDesk that the agency will continue to defend its “exclusive regulatory authority” to oversee prediction markets in court. “It doesn’t matter if it’s on sports, politics or anything else, if it’s a validly offered product within a CFTC-regulated exchange, then we regulate that,” Selig said. You’re reading […]

Fidelity Investments strategist sees resilient markets despite geopolitical turbulence

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Crypto News

Jurrien Timmer, director of global macro at Fidelity Investments, characterizes the current market environment as “another wild ride,” where each week seems to deliver headlines stranger than the last. Yet despite the volatility, his overarching message is that conditions are not nearly as dire as they might appear, and he remains relatively constructive on the […]

BTC, ETH, XRP fall as U.S., Iran negotiators fail to reach war resolution

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Crypto News

Bitcoin BTC$71,736.44 and other major cryptocurrencies all fell around 2% late Saturday evening U.S. hours after Vice President J.D. Vance announced that U.S. and Iranian negotiators had failed to agree to an extended ceasefire. The parties met in Pakistan Saturday to negotiate an agreement after the U.S.’s nearly six-week long campaign against Iran. Vance said […]

Crypto TradFi perpetuals are predicting the direct of Wall Street’s Monday open with 89% accuracy

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Crypto News

Crypto exchanges are starting to take on a new role: pricing traditional assets while Wall Street is closed. The growing market for perpetual futures contracts tied to traditional financial instruments including commodities like gold and oil that runs around the clock on cryptocurrency exchanges is responsible. Data from Binance Research suggests these markets, which hit […]