Key Takeaways Traditional firms are expanding their presence as crypto prediction markets attract deeper liquidity. Retail activity helped draw market makers, institutions, and larger deposits into event contracts. Regulatory disputes may shape how prediction markets enter broader financial infrastructure. Traditional Finance Builds Crypto Prediction Market Rails Major exchanges and financial firms are accelerating work on…

Key Takeaways Peirce said regulators should understand evolving markets before deciding whether new rules are needed. Retail investors continue trading crypto, metals, ETFs, and perpetual futures through simplified digital platforms. Jurisdiction limits may shape future SEC oversight as crypto-linked investment products continue expanding. ETF Access and SEC Authority Shape Crypto Debate Securities and Exchange Commission…

Key Takeaways Armstrong said the on-chain economy has reached “escape velocity” amid expanding crypto adoption. Coinbase positioned itself to capture the generational shift toward on-chain finance, according to Armstrong. Management highlighted stablecoins, payments, and AI-driven activity as major future growth drivers. Armstrong Frames Coinbase Around Broader On-chain Finance Growth Coinbase Global Inc. (Nasdaq: COIN) CEO…

From South Korea to the US, from Google to World Liberty, here are the crypto stories you may have missed this week. 🏛️ Regulation & Global Policy South Korea Formalizes 2027 Tax Framework South Korea has officially set January 1, 2027, as the start date for its virtual asset taxation. Under the current Income Tax…

Key Takeaways The XRP Ledger Foundation introduced leaders across operations, engineering, and community engagement. The update emphasized collaboration with developers, validators, and infrastructure operators. Public coordination will focus on advocacy, development, and events. XRP Ledger Foundation Formalizes Broader Operating Structure The XRP Ledger Foundation, a nonprofit organization that contributes to, grows, and advocates for the…

Key Takeaways Anthropic seeks to raise to $50 billion this summer, targeting a valuation near $900 billion. The 2026 funding could help Anthropic surpass OpenAI as the world’s most valuable private AI company. Anthropic aims for a late 2026 IPO while fighting a U.S. government “supply chain risk” designation. Closing the Gap with OpenAI Anthropic…

Key Takeaways Bitcoin ended the week flat at $80,200 as markets largely ignored U.S.-Iran military skirmishes. The S&P 500 jumped 17.2% since March, adding $10 trillion in value as geopolitical fears receded. Bitunix analysts see a tug-of-war ahead, with a potential $78,000 breakdown triggering liquidations. Liquidation Volume Recedes Amid Consolidation Bitcoin traded sideways on Friday…

Key Takeaways Atkins highlighted broader SEC interest in formal onchain market structure rulemaking. Blockchain-based trading and clearing systems may receive tailored regulatory treatment under future proposals. Crypto vaults drew increased attention as regulators examine securities and adviser law implications. Atkins Maps Broader SEC Shift Toward Onchain Frameworks Securities and Exchange Commission (SEC) Chairman Paul S….

Key Takeaways Coinbase linked the trading outage to failures across multiple AWS zones. The disruption interrupted core trading services despite built-in recovery systems. Coinbase plans a full review while awaiting AWS’s official retrospective. Coinbase Points to AWS Failures After Trading Services Went Down Crypto exchange Coinbase (Nasdaq: COIN) disclosed through Coinbase Support that a May…

Key Takeaways Iowa requires crypto ATM operators to hold money transmission licenses before running kiosks. Location reporting, fee disclosures, and consumer protection penalties expand state oversight authority. Enforcement actions may seek injunctions, compliance orders, and higher penalties against violators. Iowa Adds Penalties and Oversight for Crypto Kiosks Iowa Attorney General Brenna Bird announced May 6,…