Author: NBTC

The U.S. Commodity Futures Trading Commission issued no-action letters to the operators of prediction markets platforms Polymarket, PredictIt, Gemini and LedgerX/MIAX on Thursday, announcing that the companies did not have to meet certain recordkeeping demands as long as they meet other specified requirements, and that the companies might be able to clear contracts through a third-party clearing member. The CFTC said in a press release that the no-action letters mean the regulator will not pursue any enforcement action — a court case alleging the companies broke the law — tied to how these companies comply with “certain swap-related recordkeeping requirements…

Robinhood is rolling out a broad set of crypto features and services as it races to become a global digital finance platform, the company announced Monday. Support for Ethereum and Solana staking in New York, with nationwide access pending regulatory clearance are going live on Tuesday, the company said in a set of details shared with Decrypt. It has also introduced new fee tiers for high-volume U.S. traders, enhancements to its crypto trading API, and plans for cost basis tracking to simplify tax reporting. In Europe, Robinhood has added perpetual futures contracts with up to 7x leverage on coins like…

Hong Kong is attempting to further integrate tokenization into its economic activities. The Financial Services and Treasury Bureau Director, Christopher Hui, revealed Hong Kong’s plans to integrate blockchain technology into its finance industry. During interviews conducted by Southern Finance 21st Century Economic Report, the Financial Services and Treasury Bureau Director, Christopher Hui, said that Hong Kong is intentionally guiding financial technology to “turn from virtual to real.” The country intends to achieve this by using blockchain technology to support its economic activities. Hui explained that tokenization will be used to improve efficiency in areas such as international shipping, leasing, and…

Gemini Space Station announced on Wednesday that its affiliate Gemini Titan secured approval from the US Commodity Futures Trading Commission (CFTC) to operate a Designated Contract Market (DCM). The decision opens the door for the exchange to begin offering regulated prediction markets in the United States. Gemini Titan Debuts in Prediction Markets The launch marks Gemini’s first entry into the fast-growing event-contracts sector, where traders buy and sell binary “yes or no” positions tied to future outcomes. Gemini, which first filed for a DCM license in March 2020, had not previously disclosed that the application would form the basis of…

Binance, the world’s largest cryptocurrency exchange, has released a statement regarding an employee involved in insider trading. Binance Futures announced in a statement that it has initiated legal action against the employee for using internal company information for personal gain. Accordingly, Binance announced that it will sue an employee who used the price increase of a listed altcoin for personal gain yesterday. According to the statement made by the Binance Futures X account, an altcoin was also shared on the Binance Futures account one minute after it was mined on the chain yesterday, December 7. At this point, it was…

Have you ever wondered how public pension funds are adapting to the digital age? The Florida state pension fund just made headlines with a significant $47 million investment in Strategy stock, according to BitcoinTreasuries. This move represents a growing trend of institutional adoption in the cryptocurrency space. Why is the Florida state pension fund investing in cryptocurrency? The Florida state pension fund manages retirement savings for thousands of public employees. Their decision to allocate $47 million to Strategy stock shows confidence in digital assets. This investment demonstrates how traditional financial institutions are embracing cryptocurrency as part of diversified portfolios. Public…

Congress is pushing the Securities and Exchange Commission (SEC) to open the door for Bitcoin and other cryptocurrencies in 401(k) retirement plans. This comes after a major policy shift from the White House earlier this year. On December 11, members of the House Financial Services Committee sent a formal letter to SEC Chair Paul Atkins. They urged him to update securities rules so that digital assets can be treated like other alternative investments in retirement accounts. Lawmakers say Americans saving for retirement deserve more investment choices. They argue that current rules are outdated and too restrictive, blocking millions from accessing…

This weekend on crypto social media, memecoin traders spun yet another fantastic tale of leveraged trading meltdown. According to the still-being-written legend, crypto exchange MEXC locked $3 million belonging to famed crypto trader The White Whale. As he continued to amass money from leveraged trading despite the freeze, he claimed that he’d become so wealthy that if MEXC ever unfroze the funds, he’d give away the proceeds to the community. Then, on October 10, HyperLiquid liquidated $63 million of his then-larger assets amid a contentious pricing print from a data oracle. Though briefly devastated, MEXC eventually agreed to unlock his…

The Republic of the Marshall Islands announced that it would allow citizens to access funds through a government-issued digital asset as part of the nation’s Universal Basic Income (UBI) program. In a Wednesday announcement shared with Cointelegraph, the government of the island nation said it had launched a digital wallet called Lomalo, which will utilize the US dollar-pegged stablecoin USDM1 to enable citizens to access the UBI program. According to the government, the first disbursement of funds will occur in late November, allowing citizens to access them through their wallet, by physical check, or via direct deposit. “By introducing a…

A global shift in crypto regulation is underway, with banks, stablecoins, and Asia’s financial hubs positioned to drive the next phase of policy development, according to Elliptic’s Global Crypto Regulation Review 2025, released Thursday. The annual report says governments this year focused on “moving away from enforcement-led approaches” and on constructing comprehensive frameworks that prioritize innovation, marking a clear departure from years of regulatory hostility. The shift was most visible in the U.S., where President Donald Trump declared crypto leadership “one of his top policy priorities” and oversaw the passage of the GENIUS Act, the country’s first federal stablecoin framework.…