President Donald Trump said there is ‘nothing wrong’ with the money his family has made in crypto, responding to financial disclosures that showed he earned at least $1.4 billion from the industry last year. Asked in a CNBC interview on Thursday at the White House… Read More
“This action runs counter to the CFTC’s established framework for regulating prediction markets,” the spokesperson said in a statement emailed to CoinDesk. So far, the states that have filed such a challenge against the prediction markets have met with counter suits from the CFTC, where… Read More
The risk-off mood that hammered crypto all week is reversing. Bitcoin is back in the green, and the trigger was a sudden de-escalation in the Iran war. Bitcoin traded at $63,550 on Friday, up 1.6% on the day and 1.4% over the week, per CoinDesk… Read More
U.S. President Donald Trump said it was “critically important” that the CFTC keep “exclusive authority” over prediction markets, echoing CFTC Chair Michael Selig in a post on Truth Social, his social media platform, late Tuesday afternoon. “Under my leadership, we are setting ‘rules of the… Read More
Donald Trump’s executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.
