#CFTC

SEC Pulls the Plug the Night Before, Reg Crypto Rules Stall on an Eight-Word Excuse

New crypto asset issuance rules set for a vote were quietly postponed by the chairman's own agency the night before the meeting, with only an eight-word reason given. The same week, the CLARITY Act stalled in the Senate, and Polymarket odds got cut from 80% to under 20%.

Blockchain

CFTC Invokes Emergency Powers to Keep Kalshi Running Amid New York Lawsuit

Prediction market platform Kalshi was sued in New York last month, prompting the U.S. Commodity Futures Trading Commission to invoke emergency powers ordering the platform to keep operating. Details of the lawsuit and next legal steps have yet to be officially disclosed.