Finance
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SKN | CFTC Moves to Classify Prediction Market Contracts as Swaps Amid Legal Battle Over Federal Oversight
Key Points: The U.S. Commodity Futures Trading Commission (CFTC) is proposing a formal rule to classify certain event contracts traded on prediction markets...
SKN | CLARITY Act Stalls as Treasury Tightens ETF Tax Rules and Crypto Flows Shift
Key Points: The stalled CLARITY Act leaves the U.S. crypto industry facing continued uncertainty over market structure, with regulators expected to play a...
SKN | ECB Targets Broad Digital Euro Adoption by 2029 to Strengthen Europe’s Payment Independence
Key Points: The European Central Bank aims to make the digital euro available for potential first issuance in 2029, subject to completion of...
SKN | Ledger Investigates Potential Wallet Tampering After Reports of $86 Million in Crypto Stolen
Key Points: Ledger is investigating reported crypto losses exceeding $86 million involving customers in Southeast Asia who purchased devices through reseller CryptoBilis. The...
SKN | New York AG Secures Up to $35 Million and Lifetime Crypto Ban for Former Celsius CEO Alex Mashinsky
Key Points: Alex Mashinsky faces up to $35 million in payments under a settlement secured by New York Attorney General Letitia James, alongside...
SKN | Ether Liquidations Hit Six Times Bitcoin’s Rate in $1.19 Billion Crypto Market Flush
Key Points: Ethereum positions worth $356 million were liquidated over 24 hours, exceeding Bitcoin’s $298 million despite Ether’s market capitalization being less than...
SKN | Trump’s Iran Pledge Lifts Crypto Markets as Bitcoin Shorts Face Liquidation Pressure
Key Points: Bitcoin recovered toward $82,600 after President Donald Trump ruled out U.S. military strikes against Iran before the November midterm elections, rebounding...
SKN | Bitcoin Stabilizes Near $82,500 as Trump Rules Out Iran Strike Before Midterms
Key Points: Bitcoin recovered to approximately $82,500 after President Donald Trump said the United States would not attack Iran before the November 3...
Don't Miss
SKN | South Korea Plans Cybersecurity Overhaul After Attacks Hit Banks and Crypto Firms
Key Points South Korea’s Financial Services Commission plans tougher cybersecurity requirements after a review identified security deficiencies at 130 of 555 financial companies....
SKN | Crypto Daily: Australia Proposes New Rules, Stablecoin Forecast Slips, Kraken Parent Expands Banking
Key Points Australia’s securities regulator proposed new capital, custody and trading requirements for crypto platforms ahead of a planned 2027 regulatory rollout. Standard...
