SEC proposal could open floodgates to make America capital of digital cash
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President Trump is urging Congress to pass the CLARITY Act to secure U.S. dominance in the cryptocurrency sector over China.
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UBS faces a record $125 million penalty from US regulators over repeated anti-money laundering failures and lax internal controls.
The potential failure of the CLARITY Act in the Senate may trigger accelerated regulatory rulemaking by the SEC and CFTC for the digital economy.
U.S. day traders are increasingly adopting high-leverage perpetual futures, a volatile crypto derivative described as the most dangerous product in the sector.
The Commodity Futures Trading Commission (CFTC) has launched a probe into prediction market giant Polymarket following legislative pressure.
Polymarket faces escalating regulatory scrutiny and legal action amid allegations of deceptive advertising and a broad probe by the CFTC.
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The CFTC has opened a public comment period for new rules regulating event contracts on prediction markets.