U.S. crypto firms can offer perpetual futures contracts, or “perps,” without running afoul of the U.S. Commodity Futures Trading Commission, according to the agency’s first approval allowing Kalshi to list and trade U.S. bitcoin perpetuals, the regulator said on Friday. In a related action, the agency also issued key guidance that allowed Coinbase Financial Markets…
TLDR Five major labor unions urged the Senate to vote against the Clarity Act before a key committee vote. The unions warned that the bill could expose retirement accounts and public pensions to crypto market volatility. The American Bankers Association opposed updated stablecoin provisions in the proposed legislation. Crypto firms, including Coinbase, expressed support for…
The European arm of global cryptocurrency exchange KuCoin has hired anti-money laundering (AML) and compliance expertise in a bid to appease its regulator, which recently demanded the exchange halt business in Europe due to a staffing shortfall. KuCoin EU, which holds a Markets in Crypto Assets (MiCA) license from Austria’s FMA, appointed Carmen Kleinhans as…
The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a quarter of the CFTC’s staff has left since 2025, under…
ClearBank Europe plans to start offering euro- and U.S. dollar-pegged stablecoins after saying it’s the first Dutch credit institution cleared to provide crypto services under the European Union’s Markets in Crypto Assets (MiCA) regulation. The bank, which has more than 270 institutional clients, 1.7 million individual customers and more than $13 billion in assets under…
Key Takeaways: UK statutory gambling levy raised £120 million in year one, replacing Gambleaware. Betblocker was confirmed among the first OHID prevention grant recipients on April 8. Gamban excluded from funding, moves to a £4.99 monthly paid model in England. GambleAware’s Two-Decade Run Ends as Government Takes Direct Control OHID, the government body now responsible…
Key Takeaways: Japan raises serious concerns that could drive sweeping new regulations across crypto markets. The FSA signals tougher oversight through more effective and stringent regulations on providers. The FSA warns that wide crypto regulation may be needed to protect users from meme coin-driven risks. Regulators Intensify Oversight as Japan’s Crypto Market Enters Critical Transition…
Press Release Toronto, Canada / GlobePRWire / Jan 26, 2026 — Canadian fintech company WELBIT continues to strengthen its international presence as it records growing interest from Asian markets in the first half of 2026. WELBIT is officially registered in Toronto, Canada, and operates within the Canadian legal and regulatory framework. The company conducts its business in a regulated…
President Donald Trump has named his new choice to lead the U.S. Commodity Futures Trading Commission, formally backing Securities and Exchange Commission lawyer Mike Selig after jettisoning his one-time pick of former CFTC Commissioner Brian Quintenz. The near-term leadership of the Commodity Futures Trading Commission could be a weighty matter for the crypto industry as…
British Columbia said it plans to permanently ban new cryptocurrency mining operations connecting to its electricity grid, citing the need to protect power supplies for industries that drive jobs and public revenue. The move from the government of Canada’s third-most populous province is part of a broader legislative and regulatory overhaul unveiled Monday that also…