Author: John Smith
Coinbase argues the Commodity Exchange Act gives the CFTC exclusive authority over event contracts. Earlier cases involving Kalshi show courts have yet to settle the issue decisively. The rulings could shape how prediction markets and related financial products develop nationwide. Coinbase has taken its dispute with US regulators to court as it expands into prediction markets, filing lawsuits against authorities in Connecticut, Illinois, and Michigan. The legal challenge centres on a fundamental question facing financial markets in the United States: whether prediction markets should be regulated at the federal level as financial derivatives or treated by states as gambling products.…
Coinbase has been an investor in CoinDCX since 2020 and disclosed the latest infusion in October. The approval follows Coinbase’s reopening of user registrations in India after a two-year hiatus. CoinDCX reported a $44.2 million wallet-related security breach in July without customer fund losses. India’s competition regulator has cleared Coinbase’s plan to deepen its ties with CoinDCX, marking another step in the US-based exchange’s renewed engagement with the Indian crypto market. The approval allows Coinbase to acquire a minority stake in DCX Global Limited, the parent company of CoinDCX, at a time when global exchanges are reassessing their exposure to…
The UK Supreme Court said the appeal “does not raise an arguable point of law” as BSV holders argued they were owed after BSV’s delisting. Source link
A debate over in-platform swaps has expanded into questions over who “owns” Aave, DeFi’s biggest app: Aave Labs or a DAO of tokenholders? Source link
USDD, the Justin Sun-founded stablecoin, has abandoned its DAO, rebuilt its collateral system, and has highly concentrated holdings. Source link
Grinex, a Kyrgyzstan-based exchange with alleged ties to Garantex looks to have moved billions since it was sanctioned in August. Source link
Trader @SmokezXBT bought up the memecoin Shanghai Composite Index 6900 (SCI6900) before shilling it with other crypto influencers. Source link
The BTC Yield of MSTR stock in Michael Saylor’s treasury company, Strategy, has turned negative this quarter for the first time in years. Source link
A heated, months-long feud between Mantra and OKX has escalated to the point of legal threats amid a 99% OM price collapse since February. Source link
Coinbase now lets users trade any Solana token instantly through its app via on-chain liquidity. New tokens become accessible immediately, boosting visibility and reducing barriers for Solana builders. Deeper Solana integration and shifting exchange models signal a move toward open, blockchain-driven access. Coinbase is reshaping how people interact with Solana’s fast-moving token market by allowing anyone to trade any Solana asset directly inside its app. The change removes the wait for formal listings and gives users immediate on-chain liquidity through the same interface they already rely on. It marks a shift toward a more open, blockchain-driven model of exchange activity.…