Wintermute, a prominent algorithmic trading firm headquartered in London, has announced its expansion into providing liquidity for prediction markets. The firm, which handles substantial annual trading volumes exceeding $3.5 trillion, is now actively quoting bid and offer prices for event…
Paxos has secured a significant regulatory milestone with its subsidiary, Paxos Securities Settlement Company (PSSC), officially receiving registration as a clearing agency from the U.S. Securities and Exchange Commission (SEC). This approval, granted under the Securities Exchange Act of 1934,…
Aave Labs’ United Kingdom subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., have secured registration as cryptoasset exchange providers from the Financial Conduct Authority (FCA). This development signifies a crucial step for one of the leading decentralized finance protocols…
U.S. Treasury Secretary Scott Bessent has unequivocally stated that the current administration will not pursue a central bank digital currency (CBDC). This position signals a definitive stance against a digital form of currency directly issued and governed by the nation’s…
Paxos Achieves Landmark SEC Registration for Clearing and Settlement Services Paxos, a prominent blockchain infrastructure company, has announced that its subsidiary, Paxos Securities Settlement Company (PSSC), has successfully obtained registration as a clearing agency from the U.S. Securities and Exchange…
The Digital Chamber, a prominent cryptocurrency advocacy group, has launched a new initiative urging legislative action on the Clarity Act. This campaign aims to galvanize public support and encourage lawmakers to pass comprehensive cryptocurrency regulation into law within the current…
Jeffrey Sprecher, chair and CEO of Intercontinental Exchange (ICE), has articulated the company’s objective to establish regulatory parity for onchain perpetual futures trading. This statement follows reports indicating that ICE and CME Group have engaged with regulatory bodies to advocate…
Kalshi Challenges Minnesota Law, Asserting Federal Jurisdiction Over Prediction Markets Kalshi, a prominent prediction markets platform, has initiated legal action against the state of Minnesota, challenging a recently enacted law that prohibits prediction market operations within the state. The law,…
OKX Ventures, the investment division of the global cryptocurrency exchange OKX, has announced a strategic investment of $53 million to acquire a 19.6% stake in Coinone, a prominent digital asset exchange operating under South Korea’s licensed framework. This move positions…
Tether’s regulated digital dollar offering, USA₮ (USAT), has experienced a significant surge in adoption, with its circulating supply growing by nearly 540% month-over-month in April. According to the latest attestation from issuer Anchorage Digital Bank, the number of USAT tokens…