CFTC Clears Phantom to Offer Derivatives Trading Without Broker Registration

The popular Solana wallet can now partner with registered exchanges to offer in-app access to derivatives and event contracts without registering as a broker. Phantom, a popular self-custodial crypto wallet, has obtained no-action relief from the Commodity Futures Trading Commission (CFTC), allowing it to connect users to derivatives trading through registered market participants without registering…

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Pyth Network Launches 24/7 Oil Index as Volatility Spikes Amid Iran Conflict

The oracle network’s new composite index blends institutional and onchain data sources to produce a constantly updated crude oil reference price. Blockchain oracle network Pyth has unveiled what it calls the first continuously updating crude oil composite index, designed to fill pricing gaps left by traditional commodity markets that operate on fixed trading schedules. The…

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SEC Clarifies How Federal Securities Laws Apply to Crypto Assets

The SEC has issued an official interpretation clarifying the application of federal securities laws to crypto assets and transactions, marking a significant step in regulatory clarity for the industry. The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have jointly released a sweeping interpretive guidance that formally classifies major crypto assets and…

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LayerZero, Centrifuge Team Up to Expand Multichain Access for Tokenized Funds

Centrifuge’s largest tokenized fund, JTRSY, is among the first of its products to adopt LayerZero. LayerZero and Centrifuge are partnering to integrate Centrifuge’s institutional tokenization infrastructure into the interoperability protocol’s ecosystem, according to a press release shared exclusively with The Defiant. The companies said that the deal aims to make access and distribution of tokenized…

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Polymarket Becomes MLB’s Exclusive Prediction Market Partner

The league also signed an information-sharing agreement with the CFTC, the first such deal between the derivatives regulator and a professional sports body. Major League Baseball (MLB) on Thursday named Polymarket its official prediction market exchange partner and signed a memorandum of understanding (MOU) with the Commodity Futures Trading Commission, marking the regulator’s first such…

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Crypto Markets Extend Post-FOMC Selloff

Bitcoin drops below $70,000 as the Fed raises its inflation forecast and oil-driven price pressures cloud the outlook for rate cuts. Crypto markets deepened their losses on Thursday after the Federal Reserve left interest rates unchanged and raised its 2026 inflation forecast yesterday, compounding a selloff triggered by hotter-than-expected wholesale inflation. Bitcoin (BTC) is trading…

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