Coinbase Gets CFTC Approval For Its Own USDC-Native Clearinghouse
TL;DR Coinbase Clearing LLC has been registered by the CFTC as a Derivatives Clearing Organization. The approval allows it to clear fully collateralized futures, options on futures and swaps. Coinbase says the new clearinghouse will use USDC collateral and support 24/7 settlement. Coinbase has filled in the final piece of a U.S. derivatives stack it…
Coinbase Files To Bring Single-Stock Perpetual Futures To US Market
TL;DR Coinbase Financial Markets has submitted a CFTC product filing for single-stock perpetual futures. Initial contracts cover Apple, Tesla and Nvidia. Trading is not live yet; the products remain in the regulatory process. Coinbase is taking another run at bringing a product long associated with offshore crypto exchanges into the regulated U.S. market. Coinbase Financial…
CFTC Crypto Asset Rules Enter White House Review
TL;DR A new CFTC crypto rulemaking has entered White House regulatory review. The filing covers “Crypto Asset Transactions” and “Crypto Asset Markets.” It is still at the pre-rule stage, so nothing has taken effect yet. The Commodity Futures Trading Commission has moved a new crypto rulemaking into White House review, giving the market its clearest…
Kraken Files For CFTC-Regulated U.S. Perpetual Futures Product
Kraken parent Payward has filed to launch CFTC-regulated perpetual futures for eligible U.S. traders through Bitnomial, the Designated Contract Market acquired by the company. The proposed products would cover BTC, ETH, SOL, XRP, and ADA perpetual derivatives, according to Kraken’s announcement. The filing marks an important step because perpetual futures are one of crypto’s most…
CFTC Advisory Sets Expectations For Tokenized Collateral At Clearinghouses
The CFTC’s Division of Clearing and Risk has issued a staff advisory on how registered derivatives clearing organizations should handle tokenized collateral, including tokenized U.S. Treasuries used as margin. The advisory is a narrow but important signal. It does not approve tokenized collateral for every market. It does not mean all clearinghouses can suddenly accept…
CFTC Issues Event Contract Guidance As Prediction Markets Face Scrutiny
The CFTC has issued regulatory enforcement guidance for event contract derivatives, sharpening the lines around prediction markets at a time when event-based trading is moving deeper into the financial mainstream. The guidance matters because event contracts sit in an awkward space. They can look like derivatives, prediction markets, betting products, information markets, or political-risk tools…
CFTC Files Amicus Brief In Polymarket Event Contract Insider Trading Case
The CFTC has filed an amicus brief in a federal criminal case involving alleged insider trading on Polymarket event contracts, putting prediction markets back under the regulatory spotlight. The case centers on a soldier accused of trading around non-public information in event contracts. The CFTC’s involvement matters because it gives the agency another chance to…
CFTC Fines Former White House Staffer Over Event Contract Insider Trading
The CFTC has fined former White House staffer Gabriel Perez $172,000 over alleged insider trading in event contracts, marking another regulatory action at the intersection of prediction markets and non-public information. According to the agency’s settlement materials, the case involved trading connected to non-public information around event market outcomes. The action is important because it…
FTX Insiders Ellison And Wang Finalize CFTC Settlements With Permanent Bans
Former FTX executives Caroline Ellison and Gary Wang have finalized CFTC consent orders that impose permanent trading and registration bans, adding another regulatory closeout to the long-running FTX collapse. The settlements do not add new civil monetary penalties, according to the validated CFTC materials. Instead, the focus is on permanent bans tied to their roles…
Uniswap Founder Warns CFTC That US Crypto Builders Are Moving Overseas
Uniswap founder Hayden Adams warned at the CFTC’s inaugural Innovation Advisory Committee meeting that regulatory uncertainty in the United States is pushing crypto builders and developers overseas. The comments came during an August 20 panel discussion, not an enforcement proceeding and not binding testimony. Still, the message matters because it captures one of the industry’s…