The post Hyperliquid Policy Center and Phantom call for DeFi specific CFTC regulations appeared on BitcoinEthereumNews.com.
Hyperliquid Policy Center and Phantom have urged the U.S. Commodity Futures Trading Commission to update its rulebook for onchain trading, arguing that existing regulations built for traditional financial markets do not fit decentralized infrastructure. Summary Hyperliquid Policy Center and Phantom have asked the CFTC to create rules tailored for onchain trading instead of applying legacy market regulations. The groups said developers of decentralized trading software and non custodial wallet providers should not face the same registration requirements as traditional intermediaries. The proposal comes as U.S. regulators review derivatives rules and CME continues its legal challenge over the CFTC’s treatment of crypto perpetual futures. According to a joint comment letter submitted on Thursday by the Hyperliquid Policy Center (HPC) and Phantom, the current regulato
The post Robinhood Chain Flips Hyperliquid in DEX Volume amid RWA, DeFi, CASHCAT Buzz appeared on BitcoinEthereumNews.com.
Robinhood Chain overtook Hyperliquid in 24-hour decentralized exchange (DEX) volume, processing more than $560 million over the past 24 hours. Robinhood Chain is a permissionless, AI-native Layer 2 blockchain built for financial services and real-world assets (RWA), but it’s in the buzz for meme coins, including Cash Cat. CASHCAT price has skyrocketed by almost 60%. Robinhood Chain Overtakes Hyperliquid in 24-hour DEX Volume According to DefiLlama data, Robinhood Chain recorded almost $433 million in 24-hour DEX volume. The newly launched Ethereum Layer-2 blockchain has now flipped popular Hyperliquid. Robinhood Chain has climbed to fifth place based on the DEX volume by Chain metric, with almost $900 million in 7-day DEX volume. Meanwhile, Hyperliquid saw $296 million in 24-hour DEX volume, with $656.28 in total DEX volume in the past 7 days. Robinhood Chain 24-ho
The post Polymarket Pursues NFA Registration to Launch US Margin Trading Services appeared on BitcoinEthereumNews.com.
TLDR On July 3, Polymarket submitted regulatory applications to the National Futures Association seeking authorization for U.S. margin trading capabilities. PM Derivatives LLC filed for FCM registration, NFA membership, and Swap Firm designation on behalf of the platform. Additional approval from the CFTC remains necessary before Polymarket can launch leveraged trading services. Competitor Kalshi secured NFA authorization through Kinetic Markets LLC back in March 2026, giving it a significant advantage. June 2026 saw both platforms achieve unprecedented trading activity — Kalshi reached $33 billion while Polymarket totaled approximately $14 billion across entities. The prediction market platform Polymarket has submitted formal applications to the National Futures Association seeking permission to provide margin trading services to American customers. This capability wo
The post North Carolina law clears path for CFTC regulated prediction markets appeared on BitcoinEthereumNews.com.
North Carolina has become the first U.S. state to explicitly recognize the CFTC’s authority over prediction markets while setting a 6% state tax on their trading fee revenue. Summary North Carolina has recognized the CFTC’s authority over prediction markets while approving a 6% tax on platform trading fee revenue. The new law allows federally registered prediction markets such as Kalshi and Polymarket to operate legally in the state from 2027. The measure comes as Kalshi continues legal battles with several states after a federal judge declined to block New York from enforcing its gambling laws. Under Senate Bill 257, signed by Governor Josh Stein on July 7 as part of North Carolina’s 2026 budget, platforms registered with the Commodity Futures Trading Commission, including Polymarket and Kalshi, can operate lawfully in the state. The legislation also states that the Comm
North Carolina has become the first U.S. state to explicitly recognize the CFTC’s authority over prediction markets while setting a 6% state tax on their trading fee revenue. Under Senate Bill 257, signed by Governor Josh Stein on July 7…
The post CFTC vacancies snag US crypto bill as global rivals advance appeared on BitcoinEthereumNews.com.
A shortage of staff at the Commodity Futures Trading Commission (CFTC) has stalled the Senate’s efforts regarding the Clarity Act, a delay the proponents fear could allow the rest of the world to dictate rules for the crypto industry worth about $2.2 trillion. In the case of crypto trading firms with a presence across different jurisdictions, the issue is about governance. The Clarity Act indicates that the CFTC would oversee the spot trading of digital commodities. Yet while this agency’s role is supposed to regulate this market, it currently has just one commissioner instead of five – Michael Selig, a Republican. The White House and Senate Democrats were arguing on Thursday, blaming each other for keeping the other four seats vacant. Selig has been upfront about the stakes involved. In a recent interview with Fox Business, Selig stated that if Congress does not take action, there
The post Polymarket files three NFA applications for US margin trading appeared on BitcoinEthereumNews.com.
Polymarket has filed three registration applications with the National Futures Association as it seeks to introduce margin trading for U.S. users. Summary Polymarket filed three NFA registration applications as it seeks to offer margin trading in the U.S. The platform would still need CFTC approval before introducing leveraged event contracts. Kalshi affiliate Kinetic Markets secured similar NFA approvals in March 2026. According to the National Futures Association’s BASIC database, Polymarket affiliate Coming Home GBA LLC submitted the applications through PM Derivatives LLC on July 3. The filings seek registration as a futures commission merchant, an NFA member, and a swap firm. Bloomberg previously identified Coming Home GBA as an entity affiliated with Polymarket. Approval as a futures commission merchant would allow Polymarket to support trades in which users provide only pa
Polymarket has filed three registration applications with the National Futures Association as it seeks to introduce margin trading for U.S. users. According to the National Futures Association’s BASIC database, Polymarket affiliate Coming Home GBA LLC submitted the applications through PM…
The post Here’s why Uniswap is betting on execution over higher LP incentives appeared on BitcoinEthereumNews.com.
Competition among decentralized exchanges is increasingly forcing protocols to rethink the incentives that originally fueled DeFi’s rapid expansion. In fact, Uniswap [UNI] has become the latest to test that transition after proposing a reduction of up to 33% in V4 liquidity provider fee incentives. More importantly, Uniswap’s TVL stood at $3.02 billion while its monthly volume hovered near $36 billion at press time. This hinted at strong market leadership, despite intensifying competition from rival decentralized exchanges. Source: DeFILlama The proposal marks a clear departure from previous models. The V3 model used much higher percentages of each trade to incentivize early liquidity providers to quickly capitalize on its platform. Instead, the protocol believes that a lower cost of trading, tighter spreads, and better capital usage will result in a sufficient increase i