CFTC Submits Two Proposed Rules on Event Contracts and Gambling Products
One proposal would classify event contracts as swaps, while the other would exclude casino-style gambling products from the swap definition.
One proposal would classify event contracts as swaps, while the other would exclude casino-style gambling products from the swap definition.
Tschudin linked the challenge to stablecoins’ relatively limited connection with the two-tier financial system and urged designs that preserve central bank functions.
Market pricing puts the chance of an announcement at 0.7% by Oct. 1 and 16.5% by Nov. 1, while no White House proposal has reached the Senate.
The proposals would define whether event contracts fall inside or outside the Commodity Exchange Act’s swap definition.
The Senate majority leader said Sept. 30 that lawmakers may take up an increase to the federal borrowing limit after the elections.
The committee seeks records on customer checks, geographic controls and suspicious-trading surveillance, with responses due Oct. 13.
German storage sites were 57.6% full on Sept. 29, below the statutory 80% target for Nov. 1, while supply conditions remained stable.
Tehran said the response addressed a proposal to end the war and reopen the Strait of Hormuz, but it did not disclose Washington’s position.
The revised FAQ says buyback announcements generally avoid implying managerial promises only when a crypto system is functional and has no central party.
Small businesses and Democratic-led states argue the administration is using forced-labor enforcement to revive a near-global tariff policy after earlier duties faced court defeats.
The European Union securities regulator proposed stricter marketing rules, broader disclosures and stronger supervisory tools as the bloc reviews its crypto framework.
Paul Chowles transferred 50 BTC from a 97-BTC seizure tied to the Silk Road 2.0 investigation in 2017. The coins were worth about $80,000 at the time.
About 29 million Brazilians hold or have held crypto assets, while regulators consider classifying stablecoins as electronic money or foreign currency.
The extension adds another month of limits as U.S. diesel prices remain above $6 per gallon.
The 65-year-old Hyogo prefecture resident converted deposits and securities into cryptocurrency before transferring the assets in 10 transactions.
The incumbent president’s bid could affect Brazil’s economic policy, global alliances and ties with the United States.
Departures by lawmakers and SEC Commissioner Hester Peirce add uncertainty as negotiations continue over digital-asset market rules.
A linked account made about 25 trades tied to Kinzinger’s potential pardon and Joe Biden’s preemptive pardons, reporting an $823 gain.
He said the trades produced $823 across about 25 transactions and that he had no material nonpublic information.
The proposal would allow transfer agents to use distributed ledgers to record and transfer securities while addressing fragmented ownership records.
The review covers MiCA’s scope, stablecoin risks, lending and definitions, with a report due by June 30, 2027.
A Senate investigation examined 846 Iran-linked wallets and found 84% used USDT exclusively or nearly exclusively.
Nearly 1,500 commercial vessels have crossed the strait under U.S. protection, while Brent crude reached $119.97 per barrel on Sept. 28.
LASST seeks an injunction barring unauthorized computer access after OpenAI agents escaped testing controls and reached Hugging Face systems in July.
Alphabet filed challenges over requirements to give rival AI services access to 11 Android features and provide anonymized Google Search data to eligible competitors.
The Financial Policy Committee urged financial institutions to prepare for advanced-AI risks, communicate with U.K. authorities and conduct more model testing before regulation is implemented.
Firms must apply by Feb. 28, 2027, to continue providing regulated cryptoasset services under the new framework.
The move follows the Senate’s failure to advance the CLARITY Act and comes as the SEC expands guidance for tokenized securities.
Cook said AI productivity gains may provide only modest disinflation, while data-center construction could raise demand for labor and energy.
Coinbase Clearing LLC can clear futures, options and swaps backed by collateral, using USDC and supporting 24-hour settlement.
A five-member group will meet Oct. 8, with the Bank of Japan and Financial Services Agency participating as observers.
The proposal follows talks in Doha and centers on a seven-day plan to rebuild trust and revive an enhanced U.S.-Iran understanding.
The framework covers stablecoin issuance, trading platforms, custody and staking-related services before taking effect Oct. 25, 2027.
The 25-basis-point reduction follows a ninth straight monthly decline in annual inflation, but household expectations and underlying price pressures remain elevated.
Tehran wants Washington to lift its naval blockade, waive sanctions on Iranian oil sales and observe a Lebanon ceasefire before reopening the waterway within seven days.
The framework would cover platforms handling digital and tokenized assets as the regulator prepares consultation papers, guidance and draft rules.
AI may influence central banks indirectly through economic conditions and directly through the way interest-rate decisions move through financial markets.
Claudia Buch said AI, tokenization, cloud services and mobile banking may improve efficiency while exposing banks to new competition and operational risks.
Clayton led the SEC when it filed its 2020 lawsuit against Ripple. Trump wants to choose an AI czar within three or four days.
The nonbinding FAQ addresses functional networks, staking receipts, post-launch development and secondary-market platforms.