Markets
Kalshi Valuation Nears $40B as IPO Talks Follow 20x Surge
Kalshi valuation could reach $40 billion as new funding and IPO talks follow rapid growth in trading volume and regulated derivatives.
Regulation
Financial and crypto regulation news covering the SEC, CFTC, legislation, enforcement, banking policy and digital-asset rules.
Crypto
Crypto Today: Bitget Hack Hits $388M, SEC’s Peirce to Exit
Key Insights Crypto today centered on exchange security and U.S. digital asset regulation. Bitget raised its breach estimate to $387.5 million, while Hester Peirce announced her Securities and Exchange Commission departure. Bitcoin remained relatively stable despite the security incident. Bitcoin traded near $84,110, while Ether changed hands around $2,690, according to CoinMarketCap. The Bitget investigation […]
Markets
ECB Starts Pontes Pilot, Bringing Digital Euro to European Banks
Key Insights The European Central Bank was set to launch Pontes on Sept. 21 in Frankfurt, extending central bank settlement into tokenized finance. The ECB scheduled a launch roundtable led by President Christine Lagarde and Executive Board member Piero Cipollone. The project links private distributed ledger platforms with the Eurosystem’s TARGET Services. The launch matters […]
Crypto
U.S. Treasury Sanctions BitBank Over Alleged Iran Crypto Transfers
U.S. Treasury sanctions BitBank over alleged Iran-linked Bitcoin transfers, targeting its developer and three Babak Zanjani associates under OFAC rules.
Regulation
U.S. SEC Opens Limited Onchain Trading for Tokenized Stocks
U.S. SEC opens limited onchain trading for tokenized stocks through a five-year Innovation Exemption with volume, access and disclosure controls.
Crypto
CFTC Opens Broker Relief for Passive Crypto Software
CFTC Staff Letter 26-25 gives qualifying passive software providers conditional broker-registration relief for access to regulated derivatives markets.