The Commodity Futures Trading Commission (CFTC) designated Juice Exchange LLC as a contract market Friday, 178 days after its software first appeared within the company’s pending designated contract markets (DCM) portal on Jan. 27. The approval permits the little-known Florida-based startup, which can function as JuiceX, to run a federally regulated derivatives change. In the…
The combat over sports activities occasion contracts is again in entrance of the Commodity Futures Trading Commission (CFTC), this time by the general public remark docket for the company’s proposed rewrite of Regulation 40.11, the rule governing prediction market contracts deemed opposite to the general public curiosity. With feedback due July 27, DeFi Rate reviewed…
Netflix in the present day introduced Instadocs: The Prediction Games, a documentary inspecting the speedy rise and dangers of prediction markets that can premiere Sunday, July 26, as a part of the streaming large’s new fast-turnaround documentary collection. The documentary options interviews with Kalshi CEO Tarek Mansour, Polymarket CEO Shayne Coplan and Commodity Futures Trading…
ProphetX has launched its first business-to-business (B2B) prediction market partnership, permitting Players’ Lounge customers to entry federally regulated sports activities occasion contracts with out leaving the aggressive video gaming platform. But Players’ Lounge is not registered with the Commodity Futures Trading Commission (CFTC) or National Futures Association (NFA) as a brokerage or different derivatives middleman….
CFTC Self-Reporting Guidelines Could Change Crypto Enforcement Incentives The CFTC has launched new penalty mitigation tips for self-reporting and cooperation, making a clearer framework for companies that voluntarily disclose regulatory breaches. The advisory, titled “Enforcement Advisory on Self-Reporting, Cooperation, and Voluntary Disclosure Penalties,” units out how civil penalty reductions could apply when entities self-report, cooperate…
SEC And CFTC Open Joint Consultation On Crypto Derivatives Rules The SEC and CFTC have opened a joint session on digital asset derivatives, giving the market a recent signal that US regulators try to cut back confusion round crypto merchandise that sit between securities and commodities oversight. The session focuses on security-based swaps and digital…
With the times of July waning, members of the United States House of Representatives’ Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence gathered in New York City to hear testimony from a number of professionals within the monetary trade. The content material of the listening to at Federal Hall primarily produced…
Water Street Labs, LLC acquired designated contract market standing from the Commodity Futures Trading Commission on Thursday, clearing the best way for a brand new CFTC-regulated occasion contracts alternate within the US. The alternate will function on a proprietary buying and selling platform referred to as the WSL Direct System. Water Street seems connected to…
Sen. Mitch McConnell’s newest absence from Capitol Hill and multi-week hospitalization are feeding hypothesis about whether or not his lengthy Senate profession is nearing its finish, but the prediction markets nonetheless aren’t shopping for a resignation. McConnell is retiring on the finish of his seventh time period in January 2027, but his absence created Kalshi…
Kraken’s CFTC-Regulated Perpetuals Push Could Change The US Derivatives Playbook is a helpful reminder that crypto protection shouldn’t be solely about token costs. Sometimes the extra vital story is the infrastructure, regulation, safety, or product layer sitting beneath the market noise. The instant level is simple: kraken is making ready CFTC-regulated perpetual futures for US…