Category: crypto

Senators have asked the CFTC to investigate Polymarket for deceptive advertising practices. They questioned the CFTC’s oversight of prediction markets and consumer protections. The request follows allegations that Polymarket used fake trading interfaces and undisclosed influencer campaigns. The CFTC is also facing scrutiny over crypto derivatives. Regulatory pressure extends to crypto-linked derivatives and federal oversight…

Ethra Ship has launched a blockchain protocol that tokenizes investments in operating maritime shipping assets. The platform separates its governance token from regulated investments backed by vessel-owning SPVs. The company has four years of maritime operations experience and aims to expand the tokenized real-world assets market, with projections of substantial growth in the sector.

Morgan Stanley believes the Federal Reserve will keep interest rates unchanged this year, but warns that a strong labor market or high inflation could lead to rate hikes. Other institutions, like BNP Paribas and Citadel Securities, predict rate increases later this year due to inflation concerns. Fed officials and markets are divided on the outlook.

Elon Musk’s X has launched X Money for select Premium+ users, using Cross River Bank as its banking partner. The service offers digital wallets, peer-to-peer payments, Visa debit cards, and cash balance yield. There is speculation about future XRP integration due to Cross River Bank’s partnership with Ripple. XRP traders are monitoring key support levels…

The Monetary Authority of Singapore has added Hyperliquid to its Investor Alert List, but the exchange clarifies that it has never claimed to be licensed by the regulator. The listing does not constitute a ban or enforcement action. Hyperliquid’s trading volume remains strong despite regulatory attention. Singapore is tightening crypto regulations.

ASIC has extended temporary licensing relief for crypto firms in Australia until Sept. 30, giving them more time to comply with updated digital asset rules. The relief covers more firms and includes those seeking an Australian Financial Services license. The extension follows the Block Earner ruling and precedes the 2027 digital asset framework.

OpenAI has released GPT-5.6 models named Sol, Terra, and Luna. The names sparked comparisons to popular blockchain projects in the crypto industry. Despite the similarities, OpenAI clarified that the names represent different model capabilities and are not related to any cryptocurrency projects. The rollout of the models is limited as safety testing continues.

21Shares has reduced its 2026 crypto forecasts due to weaker prices and slower enterprise adoption, despite continued growth in institutional adoption. The firm expects prediction markets to exceed $100 billion in trading volume and sees consolidation accelerating in the industry. Institutional investors are still accumulating crypto assets despite recent market volatility. Regulatory clarity in the…

A CoinShares survey revealed that 52% of UK financial advisers cannot see most of their clients’ cryptocurrency holdings due to firm-level restrictions. Firm policies, not investor demand, are cited as the main barrier to crypto oversight. Ripple executives and regulators emphasize growing crypto payment use and tighter oversight of digital assets.

Anchorage Digital’s research shows that while Bitcoin and IBIT options are in high demand for protection, Strategy’s options market does not indicate a severe crisis. Despite legal scrutiny and stock weakness, options traders are not pricing forced deleveraging. Strategy remains the largest corporate holder of Bitcoin.