However, the White House’s broader push to regulate crypto markets suffered a setback after Congress failed to pass the Clarity Act, which would have established a federal framework for the industry. Bessent called the failure a disappointment but said the Treasury Department could work with… Read More
Someone might initially come for a yield incentive, for example, then use the same assets to trade or spend, he said. “Show me adoption” Kevin O’Leary, the Shark Tank investor and chairman of O’Leary Ventures, sees a similar problem playing out among the blockchains themselves.… Read More
“Throughout 2026, Binance has consistently captured the largest share of USDC spot trading activity, processing $5 million-$10 billion in daily volume, roughly 10-20 times more than most other trading venues, which typically stay below $0.5 billion,” said Anastasia Melachrinos, head of research at Kaiko. Other… Read More
Charles Schwab is working with Cboe Global Markets to launch a new type of options contract that would allow customers to make yes-or-no wagers on the performance of the S&P 500, marking the brokerage’s first move into prediction markets, according to a Wall Street Journal… Read More
JPMorgan (JPM) is preparing to launch a tokenized money market fund, the latest sign that major financial institutions and Wall Street asset managers are speeding up efforts to move traditional assets onto blockchain rails. A Tuesday filing with the U.S. Securities and Exchange Commission SEC)… Read More
Morgan Stanley plans to price its proposed spot bitcoin BTC$66,166.22 exchange-traded fund (ETF) at 14 basis points, a level just below current low-cost options for similar products, according to an amended filing with the U.S. Securities and Exchange Commission (SEC). The move could set off… Read More
