
CFTC Moves to Classify Event Contracts as Swaps Amid Prediction Market Dispute
Treating event contracts as swaps could bolster the agency's argument that it holds exclusive federal jurisdiction over such products on regulated prediction markets.
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Original coverage across the crypto market, updated daily.

Treating event contracts as swaps could bolster the agency's argument that it holds exclusive federal jurisdiction over such products on regulated prediction markets.

Firms have a five-month window to apply under the UK's incoming crypto framework, which is slated to take effect in October 2027.

The EU markets regulator's chair says MiCA oversight will now centre on CASP resilience, outsourcing and reverse solicitation, plus harmonised reporting.

Regulators are reconsidering restrictions on crypto market making after the Japanese yen stablecoin JPYC traded at four times its peg on Upbit this month.

New SEC staff guidance says a buyback announcement on a functional network isn't a promise that turns a token into a security, a reading one attorney says makes securities law look 'opt-in'.

Prosecutors say wallets tied to Trung Nguyen Van received about $53.3 million linked to 'pig butchering' scams targeting US victims.

A MiCA review response points to crypto firms' market access routes, while any new lending obligations remain a future legislative option rather than settled policy.

All 11 Democratic members of the Senate Banking Committee want Chairman Tim Scott to convene a public hearing on prediction markets after Republicans met privately with Kalshi's CEO.

The CFTC's Division of Market Oversight says prediction contracts settling on whether someone says or does something can carry heightened manipulation risk.

The US derivatives regulator flagged risks in contracts that pay out based on whether specific words are spoken, weeks after fining a former White House staffer over speech-linked trades.
Intruders bound two parents and their children, aged 8 and 12, with tape before forcing a €40,000 digital asset transfer, with no arrests reported.

A draft Russian rule would limit bank crypto exposure to 1% of capital, counting proprietary holdings while conditionally excluding customer assets.

A Senate draft of the CLARITY Act would have required senior officials holding $15,000 or more in digital-asset equity to divest, but the rule did not reach the family business.

Banking groups have roughly doubled their presence on ESMA's MiCA register since late June and now account for nearly one in four listed providers.

Banks have roughly doubled their presence on ESMA's MiCA register since late June and now make up 23% of listed crypto providers.

Revolut and OpenReserve received initial OCC clearance to charter US national banks, with crypto services planned.

Three warrants in 2025 let US agents seize over $560,000 and track new donations.

Thailand’s new rules require licensed crypto operators to collect extra recipient details and verify self-hosted wallets.
US regulators advance separate actions: SEC explores on-chain stock records, CFTC penalizes swaps trader.

Ex-teleprompter operator Gabriel Perez used advance knowledge of Trump speeches to profit over $107,500 on prediction markets.

US exchanges must audit foreign stablecoin issuers or delist their tokens under a new Treasury proposal.

A former White House teleprompter operator settled with the CFTC over insider trading on Kalshi event contracts.
The SEC has transmitted a revised crypto custody rule to the White House for review, flagged as deregulatory.

Treasury's Aug. 24 action targets nearly 60 entities and expands authority over Iran's crypto use.