CFTC Moves to Reverse Gemini $5M Settlement in Unprecedented Step

The post Strait of Malacca: The $92 Oil Chokepoint Investors Can’t Ignore appeared on BitcoinEthereumNews.com. Peter Zhang May 30, 2026 01:03 The Strait of Malacca moves 23.2M barrels of oil daily and 30% of global trade, forcing a repricing of energy, renewables, and bypass routes. The Strait of Malacca has quietly become the most critical chokepoint in global energy and trade flows. Moving 23.2 million barrels of oil daily and 30% of global seaborne trade through its narrow, 2-nautical-mile-wide passage, Malacca surpasses the more widely discussed Strait of Hormuz in volume and strategic importance. Yet markets have barely priced in this concentration risk—an oversight that is already reshaping investment strategies. Malacca’s Overlooked Scale In the first half of 2025, Malacca handled 29% of global seaborne oil trade, making it the world’s busiest energy transit route. For context, the Strait of Hormuz, often associated with geopolitical flashpoints, moves about 20

The post Hyperliquid’s HYPE rally is bigger than a new all-time high appeared on BitcoinEthereumNews.com. The Hyperliquid HYPE rally reached a new HYPE all-time high of $68.64 on May 30, extending a month that has already delivered roughly 50% in gains and over $1.4 billion in single-day trading volume. The HYPE price move came the day after the CFTC approved KalshiEX’s BTCPERP contract, the first Bitcoin perpetual futures product cleared for listing on a US-regulated exchange, and one day after ICE CEO Jeffrey Sprecher said that Hyperliquid is “bigger than Nasdaq” and that his team has met the founders multiple times. Two US-listed spot HYPE ETFs, Bitwise’s BHYP and 21Shares’ THYP, had already crossed $136 million in cumulative net inflows within 13 trading sessions by May 29. Traders are reevaluating Hyperliquid’s position in a market where the product category it built at scale just received US regulatory recognition, where a regulated ETF wrapper gives institutional allocators dire

The post k-ID Leverages Manus AI to Simplify Global Child Safety Compliance appeared on BitcoinEthereumNews.com. Peter Zhang May 29, 2026 22:31 k-ID partners with Manus to streamline regulatory compliance across 200 countries using AI-powered tools, addressing evolving global child safety laws. Singapore-based startup k-ID, known for its cutting-edge compliance solutions for child safety, has integrated Manus’s AI-powered platform to tackle the increasingly complex web of global regulations. With child data protection laws tightening worldwide, including the recent COPPA amendments in the U.S., k-ID’s collaboration with Manus aims to simplify compliance for digital platforms operating across 200 countries. k-ID’s core mission is to help game studios and tech companies create age-appropriate user experiences while adhering to regulations like COPPA, the UK Age-Appropriate Design Code, and GDPR. The company’s Global Compliance Engine offers API-based tools to dynamicall

The post CFTC Approves Bitcoin Perpetual Contracts, Signals Support for 24/7 Trading appeared on BitcoinEthereumNews.com. Felix Pinkston May 29, 2026 20:34 The CFTC approved Bitcoin perpetual futures on Kalshi and supports 24/7 trading for crypto derivatives, marking a shift in U.S. crypto regulation. The U.S. Commodity Futures Trading Commission (CFTC) has taken a significant step toward integrating crypto derivatives into regulated markets. On May 29, the agency approved Bitcoin perpetual futures contracts for Kalshi, a U.S.-regulated exchange, marking the first time such a product has been officially sanctioned by the CFTC. Alongside this, the regulator issued guidance supporting 24/7 trading for digital asset derivatives, further aligning with the global nature of crypto markets. Kalshi’s newly approved perpetual contracts allow traders to speculate on Bitcoin prices without owning the underlying asset. Unlike traditional futures, perpetual contracts have no expir

The post Mastercard Secures BitLicense as Bitcoin ETFs See Outflows appeared on BitcoinEthereumNews.com. Peter Zhang May 29, 2026 19:33 Mastercard obtained a New York BitLicense for crypto operations, while Bitcoin ETFs face six days of outflows, signaling weakening investor demand. Mastercard has successfully secured a BitLicense from the New York Department of Financial Services (NYDFS), allowing it to expand its crypto operations in one of the most heavily regulated jurisdictions in the U.S. This regulatory win comes as institutional interest in Bitcoin ETFs appears to be waning, with U.S. spot ETFs logging six consecutive trading days of outflows. Mastercard Targets Stablecoins and Tokenized Payments The BitLicense, issued on May 27, 2026, enables Mastercard to operate regulated virtual currency activities in New York, including those tied to stablecoins and tokenized deposits. This aligns with the payment giant’s broader strategy to integrate blockchain infrastru

The post ‘Extraordinarily Unusual’ for CFTC to Reverse Gemini Settlement Deal: Ex-chair appeared on BitcoinEthereumNews.com. 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 New York, the CFTC joined the Gemini Trust Company in seeking relief from the judgment of a case initially filed in June 2022. The company reached a $5 million settlement with the CFTC in January 2025 while the agency was under former US President Joe Biden. “[T]he CFTC’s action in reversing itself on a settled case is extraordinarily unusual,” Tim Massad, a former CFTC chair and research fellow at Harvard Kennedy School, told Cointelegraph. “The explanation seems to be that the staff got it wrong, not that the law was unclear.” According to the CFTC’s motion, the agency sought relief based on claims that a whist

The post CFTC Backs Crypto Perpetual Contracts, Issues Advisory on 24/7 Trading appeared on BitcoinEthereumNews.com. 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 tied to the spot price of Bitcoin for prediction markets platform Kalshi. The company announced at about the same time that it would launch the perpetual futures contracts on its platform in a move closer to a derivatives exchange. “​​The Order was based on representations and submissions made by Kalshi in support of its request for Commission approval, including its explanation and analysis of the BTCPERP Contract’s terms and conditions, the nature of the underlying commodity market, and the BTCPERP Contract’s compliance with applicable provisions of the Commodity Exchange Act and the Commission’s r

The post Coinbase Launches Regulated access to Global Crypto Options and Perps appeared on BitcoinEthereumNews.com. 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 Trading Commission (CFTC) that allows a regulated futures commission merchant to connect US clients with global crypto derivatives liquidity. The company said Coinbase Financial Markets is the first CFTC-regulated futures commission merchant to offer such access. Deribit, which Coinbase acquired in August 2025 as part of its expansion into crypto derivatives, is the largest crypto options exchange by open interest. CoinGlass data shows Deribit held roughly $31 billion in Bitcoin options open interest on May 27, compared with $2.7 billion on OKX, $1.8 billion on Bina