CFTC Chair Selig criticizes Illinois’ 0.2% crypto transaction tax as a brake on innovation

Kraken is preparing CFTC-regulated perpetual futures for U.S. traders through Kraken Pro and Bitnomial infrastructure.

The biggest sporting event on Earth has become the biggest liquidity event in prediction market history. Billions in tournament volume, a $45 billion June across the sector, one very expensive longshot trap, and a CFTC probe arriving right on schedule.…

The SEC and CFTC are seeking comment on portfolio margining harmonization, a technical issue with real implications for derivatives liquidity.

CFTC Chair Michael Selig criticizes Illinois’ 0.2% crypto transfer tax, saying it treats blockchain transactions differently. CFTC Chairman Michael Selig criticized Illinois’ new crypto tax law after lawmakers approved a 0.2% levy on blockchain transfers. Selig called the measure a “sin tax” on blockchain technology and questioned its treatment of crypto transactions. He said the […] The post CFTC Chair Warns Illinois Crypto Tax Could Be Chicago’s ‘Last Trade’ appeared first on Live Bitcoin News.

CFTC Chair Michael Selig criticized Illinois’ 0.2% crypto tax, saying it could hurt innovation as federal rule talks continue.

The Supreme Court's 6-3 ruling in Trump v. Slaughter overturns a 91-year-old precedent shielding independent agency commissioners from at-will removal, with direct implications for SEC and CFTC leadership as the CLARITY Act nears a floor vote.

1,692 UK investors sue Binance for £150m over retail perps as CME challenges CFTC’s approval of perpetuals. What shifts for exchanges, traders, and design.

The CLARITY Act's passage could reshape digital asset regulation, potentially influencing market dynamics and future Federal Reserve policies. The post SEC commissioner: CLARITY Act expected to pass soon, shifting oversight to CFTC appeared first on Crypto Briefing.