The landmark registration makes the stablecoin issuer the first blockchain-native firm authorized as a central securities depository for U.S. equities, setting up a direct challenge to the DTCC’s post-trade dominance. In a milestone that crypto advocates and Wall Street reformers have anticipated for years, Paxos has secured federal authorization to operate as a clearing and…
The U.S. Commodity Futures Trading Commission (CFTC) on May 29 approved KalshiEX, LLC to list BTCPERP, a bitcoin perpetual futures contract that Kalshi calls the first perpetual product brought onto a regulated derivatives exchange in the U.S. The decision was issued under Commission Regulation 40.3, allowing KalshiEX to implement a bitcoin spot price-referenced product within…
The Depository Trust & Clearing Corporation (DTCC) and the Stellar Development Foundation announced on May 27 a plan to enable the tokenization of assets custodied by The Depository Trust Company (DTC), a DTCC subsidiary, on the Stellar network, with deployment expected in the first half of 2027. This agreement aims to expand DTC’s tokenization service…
A synthetic crypto contract linked to SpaceX’s private market valuation collapsed nearly 45% in roughly 30 minutes on Thursday, wiping out more than $1.5 million and forcibly closing hundreds of leveraged positions on the decentralized derivatives platform Hyperliquid. The episode drew swift attention from traders and analysts, raising fresh questions about the risks of speculative…
Crypto prime broker seeks public listing as sector-wide IPO momentum stalls Crypto trading and prime brokerage firm FalconX has taken a significant step toward a public listing, confidentially filing a draft S-1 registration statement with the U.S. Securities and Exchange Commission (SEC), according to a person familiar with the matter who spoke on condition of…
The world’s largest cryptocurrency has slipped to its lowest ranking in over two years, overtaken by surging AI-driven tech stocks and record-setting precious metals. But not everyone is alarmed. Bitcoin has once again fallen out of the world’s top 10 assets by market capitalization, a milestone that is drawing both concern and shrugs across the…
Mastercard Transaction Services (U.S.) LLC, a unit of Mastercard, has been granted a BitLicense by the New York Department of Financial Services (NYDFS) in May 2026, allowing the company to conduct digital asset-related activities in New York. This move reinforces Mastercard’s strategy in payment infrastructure and settlement for digital assets, including stablecoins and tokenized deposits,…
Sony’s Soneium Integrates NFT Cats Game for Season 8 of Its Scoring Program Source link
President says the U.S. must remain the global leader in digital assets as states push for tighter regulation of event-based betting platforms President Donald Trump on Tuesday reaffirmed his support for the cryptocurrency industry and prediction markets, pledging to protect both sectors as regulatory tensions escalate between federal authorities and state governments. In a post…
OpenSea Unveils NFT Tool Registry for AI Agents on Ethereum Source link
