Crypto

CFTC Opens Crypto Perpetual Futures Trading in U.S. Milestone The U.S. Commodity Futures Trading Commission (CFTC) has officially approved Kalshi exchange to list crypto asset perpetual futures contracts, marking the first time U.S. regulators have provided a pathway for regulated firms to participate in the crypto perpetual derivatives market. What Are Perpetual Futures Perpetual futures are futures contracts without an expiration date, allowing traders to hold positions indefinitely through a funding rate mechanism. This market has long been one of the largest segments of global crypto trading, but primarily operated on offshore exchanges outside U.S. regulatory oversight. ...

Paxos SEC Approval Blockchain Stock Clearing Takes Key Step Crypto infrastructure company Paxos has received approval from the U.S. Securities and Exchange Commission (SEC) to become the first licensed entity authorized to clear U.S. stocks on blockchain. This license positions Paxos to compete directly with traditional financial giants like DTCC (Depository Trust & Clearing Corporation). Milestone Significance Paxos’s new license marks a fundamental shift in blockchain technology’s role within U.S. traditional financial markets: ...

FalconX Confidentially Files for US Stock Market Listing Cryptocurrency trading firm FalconX has confidentially filed for an initial public offering with the US Securities and Exchange Commission (SEC), hiring investment bankers to advance the listing process. This makes it another major crypto trading platform seeking to go public on US exchanges, following in the footsteps of Coinbase and Kraken. According to CoinDesk, FalconX primarily serves institutional investors, providing crypto market-making, lending, and over-the-counter trading services. The company has experienced rapid business growth in recent years, benefiting from the massive influx of institutional capital into the cryptocurrency market. ...

Bitcoin fell below $73,000 as Middle East tensions sparked a crypto sell-off. BlackRock’s iShares Bitcoin ETF (IBIT) saw $528 million in net outflows — its second-largest daily outflow on record. Approximately $1 billion in leveraged positions were liquidated. Ethereum also dropped below $2,000, though futures open interest hit a record 16 million ETH, signaling growing divergence between spot selling and futures positioning.

The US Commodity Futures Trading Commission (CFTC) has admitted it should not have sued crypto exchange Gemini, joining the company in a motion to vacate a 2025 consent order. The rare reversal signals regulatory self-reflection on enforcement overreach.

Crypto exchange Kraken has expanded its Earn product suite with Bitcoin Vault. The product routes user BTC deposits into DeFi lending protocols including Aave and Morpho to generate BTC-denominated rewards.

OpenZeppelin founder says he now considers the entire DeFi sector unsafe, sparking industry debate.

China’s Supreme People’s Court will develop judicial guidance for crypto-related cases amid rising legal disputes.

Decentralized exchange Hyperliquid has launched its HIP-4 product, allowing traders to bet on off-chain events like inflation and interest-rate decisions. The markets are governed by validators and use automated newsfeed software to publish outcomes, directly challenging Polymarket.

OKX’s Layer-2 network X Layer has launched Exchange OS, moving core exchange functions — matching, margining, liquidation, and settlement — to the protocol layer, allowing users to create custom crypto trading markets.