The CFTC and SEC issued a joint request for comment on clarifying definitions of 'swaps' and 'security-based swaps,' including for perpetual futures and event contracts, the same day CME Group announced plans to sue the CFTC over approval of perpetual futures for Kalshi and Coinbase.
The US Securities and Exchange Commission proposed eliminating Rules 611 and 610(e) of Regulation NMS, which could remove major legal barriers preventing tokenized US stocks from trading on blockchain platforms. Analysts say this represents a significant regulatory shift for digital securities.
Paxos Securities Settlement Company received SEC registration as a clearing agency under Section 17A, marking the first blockchain-native firm to achieve this status after seven years of engagement with regulators beginning with a 2019 no-action letter.
The DeFi Education Fund, joined by a16z crypto, Uniswap, Chainlink, Paradigm, Solana Policy Institute, and 30+ other organizations, formally petitioned the SEC to lock in recent decentralized finance interface guidance into official rulemaking.
The Commodity Futures Trading Commission announced five members for its innovation task force focused on crypto, AI, and prediction market rules as the agency expands regulatory work while the CLARITY Act awaits Senate action.
The SEC acknowledged that some past enforcement actions against cryptocurrency companies lacked clear investor benefit and misinterpreted federal securities laws, marking a significant shift in regulatory approach under Chair Paul Atkins.
SpaceX has confidentially filed for an IPO that could raise $75 billion and value the company at $1.75 trillion, which would make Elon Musk the first trillionaire. The filing comes amid growing conflicts of interest with Trump administration, NASA, and defense contracts.