Latest updates, press releases, and insights from the volatile world of digital assets.
North Carolina has passed legislation recognizing federal CFTC authority over prediction markets, allowing platforms to operate under national rules while applying a 6% tax on net revenue from state residents starting in 2027. This stands in contrast to higher taxes on sports betting and ongoing disputes in other states
Prediction market leader Polymarket has filed applications with the National Futures Association to enable margin trading for US users through its affiliate entity
Binance co-CEO Richard Teng stated that after the exchange scaled back EU services due to MiCA compliance deadlines, most users transferred funds to private wallets rather than licensed platforms, with 70% opting for self-custody and 30% moving to regulated venues
Sony Bank has received conditional approval from the US Office of the Comptroller of the Currency to set up Connectia Trust, a national trust bank subsidiary aimed at issuing a dollar-backed stablecoin, with operations targeted for 2027
Sen. Ron Wyden urges Senate leaders to retain key safeguards for blockchain developers in the ongoing Clarity Act negotiations, amid continued debate over regulatory balance
The U.S. Securities and Exchange Commission has detailed plans for rule changes targeting exchanges, broker-dealers, and crypto assets as part of its 2026 priorities, aiming to address longstanding gaps in the regulatory framework
Bitcoin Suisse Group’s subsidiary BTCS (Middle East) Ltd. has obtained Financial Services Permission from ADGM’s FSRA, allowing regulated digital asset services for institutional clients in the UAE
Tether commits $20 million to Brazilian platform Mercado Bitcoin, supporting expansion of tokenized assets, payments, and onchain services across the region amid rising adoption
Coinbase has obtained UK investment services authorization, enabling retail users to trade equities and institutional clients to access derivatives alongside crypto on its platform
Bitmine Immersion Technologies added 42,197 ETH last week, pushing its treasury to 5.74 million tokens and reaching 95 percent of its stated accumulation goal amid shifting market dynamics and regulatory expectations
