Search results for CFTC
Crypto
Phantom launches Kalshi prediction market service in U.S., trades in stablecoin
Crypto wallet provider Phantom is offering U.S. users access to Kalshi’s prediction market service, The Block reported on Thursday. Users can trade contracts that bet on event outcomes directly in the Phantom app. The rollout begins on Thursday and will expand over several weeks. Users must complete Kalshi’s know-your-customer checks and fund trades with Phantom’s dollar-pegged stablecoin, Cash (CASH), which is converted to fiat for settlement.
Crypto
Underdog to roll out cryptocurrency deposit feature by year-end
U.S. sports prediction market Underdog plans to introduce a feature by year-end that lets users deposit stablecoins and cryptocurrencies directly into prediction market accounts. The company is working with infrastructure platform Zerohash to enable qualified customers to add funds through the Underdog app outside bank hours, including evenings and weekends. Underdog and Zerohash executives highlighted speed and expanded choices. Some services may be unavailable in New York, and crypto holdings are not covered by FDIC or SIPC protection.
Crypto
Blockchain Association urges U.S. Congress to overhaul crypto tax rules
The Blockchain Association urged U.S. lawmakers to overhaul digital asset tax rules, calling for exemptions for small transactions and for stablecoins to be treated as cash for tax purposes. It also sought taxation of mining and staking rewards when they are sold, and limits on broker reporting duties to intermediaries that custody or control customer assets. The group did not endorse specific legislation and said it would continue discussions as bills move forward.
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Crypto
Kalshi seeks CFTC approval to relist derivatives based on GPU rental costs
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Crypto
Kalshi introduces bitcoin-backed loans, targets U.S. perpetual futures market
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Crypto
Cash-bought bitcoin may fall under derivatives rules under CFTC criteria
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Crypto
Blockchain.com says \'crypto spring\' has arrived as institutions dominate market and options trading expands
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Crypto
SEC chair reaffirms crypto regulatory push despite CLARITY bill hurdles
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Crypto
U.S. regulators rush pro-crypto rules, with court review and change of administration as variables
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Crypto
Trump\'s former crypto adviser faces Genius Act conflict-of-interest questions over investment stake
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Crypto
U.S. SEC approves KPI-linked options for crypto-related stocks, launch expected this month
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Crypto
Crypto hot issues: Virtual asset tax rules due next month as Uptober rally loses steam
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Crypto
U.S. SEC, CFTC leadership vacuum drags on, could it aid Clarity Act?
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Crypto
TD Cowen says U.S. CFTC crypto trading rules likely delayed until early 2028
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Crypto
Coinbase, Deribit integrate institutional trading network; U.S. options to launch in fourth quarter
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Crypto
U.S. pro sports split on prediction markets, NBA move in focus
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Crypto
Blockchain.com seeks U.S. entry into prediction markets and derivatives, files with CFTC
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Crypto
Crypto industry should lock in institutional adoption before 2028 U.S. election, separate from Clarity bill