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…
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 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…
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…
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…
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…
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…
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…
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…
CFTC Self-Reporting Guidelines Could Change Crypto Enforcement Incentives The CFTC has introduced new penalty mitigation guidelines for self-reporting and cooperation, creating a clearer framework for firms that voluntarily disclose regulatory breaches. The advisory, titled “Enforcement Advisory on Self-Reporting, Cooperation, and Voluntary Disclosure Penalties,” sets out how civil penalty reductions may apply when entities self-report, cooperate…