As readers of this newsletter may be aware, Congress has spent the past few months debating market structure legislation, but crypto policy discussions encompass so many more issues than just the one: taxes, decentralized finance regulations, the midterm election, states and so much more. CoinDesk’s… Read More
The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a… Read More
Investors who thrive on bitcoin’s BTC$74,240.86 wild price swings may be in for disappointment. Major banks are preparing to introduce new products that could dampen volatility in a market that has already become significantly calmer in recent years. Most recently, Goldman Sachs filed an application… Read More
Goldman Sachs filed an application for a Bitcoin Premium Income exchange-traded fund (ETF) on Monday, marking one of the bank’s first direct pushes into the cryptocurrency investment space. The proposed fund would give investors exposure to bitcoin BTC$74,874.04 while generating income through a premium-based strategy.… Read More
The U.S. Securities and Exchange Commission said that software that sets up user interfaces allowing crypto securities to be transacted through individuals’ wallets won’t need to be registered and regulated as a broker. In the latest of the agency’s staff statements on crypto — now… Read More
Geopolitical tensions resurfaced following the breakdown of Iran-U.S. talks in Pakistan, driving risk aversion in traditional markets and lifting oil prices. Major cryptocurrencies, however, remain resilient, though questionable market activity in obscure tokens like RAVE and other negative developments create poor optics at an inopportune… Read More
