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The US Commodity Futures Trading Commission filed a lawsuit against Kentucky on Tuesday after the state sued prediction market operators last week, accusing them of operating unlicensed and illegal gambling platforms.The lawsuit, filed in federal…
Texas is seeking a custody and liquidity provider to help move its Strategic Bitcoin Reserve from BlackRock’s iShares Bitcoin Trust (IBIT) spot Bitcoin exchange-traded fund (ETF) into directly held coins, according to a state procurement document. The move, posted May…
A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency company Gemini.In a Wednesday motion filed in the US District Court for the Southern District of…
Bitcoin (BTC) traders have placed new buy orders near $70,000 as the price approaches a key liquidity zone. Order-book data shows more than $500 million in bid liquidity between $72,000 and $70,000, creating a demand zone that could shape BTC’s…
Intercontinental Exchange, the parent company of the New York Stock Exchange (NYSE), is urging regulators to allow regulated exchanges to offer 24/7 onchain perpetual futures trading, according to ICE CEO Jeffrey Sprecher.Speaking at a Bernstein conference on Wednesday, Sprecher said…
The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7 trading, clearing, and settlement.”In a Friday notice, the CFTC said it had approved perpetual futures contracts…
Minister of Aviation and Aerospace Development, Festus Keyamo, on Thursday in Brazzaville, Congo, signed a Letter of Intent (LOI) between the African Development Bank (AfDB) and the Federal Republic of Nigeria to advance the implementation of the Integrated Aviation Transformation…
Alex Mashinsky, the former CEO of defunct cryptocurrency lending platform Celsius, has filed a motion in a New York court to vacate his 12-year sentence for fraud and market manipulation. In a Tuesday filing in the US District Court for the…
The Central Bank of Nigeria (CBN) has extended the deadline for enforcement of its mandatory Point of Sale (PoS) terminal geo-fencing framework to 1 August, giving payment service providers an extended compliance window. The postponement was disclosed in a circular…
The Sui layer-1 blockchain experienced another disruption on Friday, causing a “network stall” that temporarily halted block production, before normal activity resumed, according to the Sui team.Network activity “may be paused,” the Sui team said. The network disruption lasted for…
The Central Bank of Nigeria has extended the enforcement of Point-of-Sale terminal geo-fencing to August 1, 2026, giving financial institutions and payment service providers additional time to comply with the regulatory requirement aimed at strengthening oversight of electronic payment channels.…
Coinbase Financial Markets has begun offering US institutional clients access to global crypto options and perpetual futures markets through a regulated futures commission merchant, including connectivity to Deribit’s crypto options platform.Coinbase said the launch follows guidance from the Commodity Futures…
Bitcoin (BTC) deepened six-week lows at Friday’s Wall Street open as US stock markets diverged to all-time highs.Key points:Bitcoin sinks closer to $72,000 as analysis eyes “crucial” BTC price levels.US-Iran ceasefire talks send stocks to even higher records as the…
First HoldCo Plc, the parent company of Nigeria’s oldest and one of its most systemically important financial institutions, FirstBank, has secured shareholder approval for a multi-tranche capital raising programme of up to ₦253.099 billion. The approval was granted at the…
Market analysts say Ether (ETH) still faces “downside pressure” that could trigger another ETH price sell-off as traders shift their focus to support at $1,800. Key takeaways:Ether faces downside pressure as elevated leverage and positive funding rates amid falling prices signal…
US-listed spot Bitcoin exchange-traded funds (ETFs) posted their longest outflow streak since launch, extending withdrawals as institutional demand for Bitcoin exposure weakened.Spot Bitcoin ETFs recorded another $223 million in net outflows on Thursday, marking the record nine-day outflow streak since…
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