SPI Asks CFTC to Bring Blockchain-Friendly Reforms

The post Trump Requested Democratic SEC Candidates, but No Names Arrived, White House Says appeared on BitcoinEthereumNews.com. Key Takeaways The White House says it requested Democratic names for vacant SEC and CFTC seats before Democrats raised concerns. Senate Democrats accused Trump of refusing to nominate Democratic commissioners to agencies designed for bipartisan membership. SEC vacancies carry added weight as Republican commissioners reshape cryptocurrency oversight under Paul Atkins. White House Rejects the Charge of Empty Democratic Seats The White House pushed back against Senate Democrats’ criticism, arguing that the administration had already taken steps to identify Democratic candidates for the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The July 9 response framed the dispute as a breakdown over recommendations, not a refusal to fill bipartisan seats. “Further, prior to the Senate Democrats’ June 10, 2026 letter, the White

A White House letter dated July 9 says President Donald Trump sought Democratic candidates for Securities and Exchange Commission (SEC) vacancies before Senate Democrats accused the administration of leaving bipartisan seats open across independent agencies. White House Rejects the Charge of Empty Democratic Seats The White House pushed back against Senate Democrats’ criticism, arguing that […]

Exempting onchain developers from registration could accelerate blockchain innovation, reduce regulatory barriers, and attract institutional investment. The post Hyperliquid Policy Center and Phantom urge CFTC to exempt onchain developers from registration appeared first on Crypto Briefing.

The post White House Defends Trump as CFTC Vacancies Stall Crypto Bill appeared on BitcoinEthereumNews.com. The White House defended President Donald Trump’s regulatory appointments as Senate disputes over agency vacancies threaten progress. Lawmakers continue debating the stalled crypto market structure bill and the role of federal regulators.  Officials sent a letter to congressional leaders to challenge claims about Trump’s nomination strategy. They argued that Democrats blocked several civilian nominees while Trump still selected some bipartisan candidates. Additionally, the administration said it sought Democratic recommendations for Securities and Exchange Commission and Commodity Futures Trading Commission roles. However, officials said they received no responses from Democratic leaders. Consequently, the White House blamed the ongoing vacancies on political disagreements rather than executive delays. 🚨NEW: The White House is pushing back on Senate Democrats’ claims that the Tr

The post SWIFT Blockchain Pilot With 17 Banks Puts XRP Ledger Back in Focus appeared on BitcoinEthereumNews.com. XRP News SWIFT has built a blockchain-based ledger to test cross-border payments settled in tokenized bank deposits, a development that immediately revived comparisons with XRP Ledger, the public network behind XRP. The messaging cooperative said the ledger was developed over roughly nine months and is now ready for bank testing, pairing distributed-ledger technology with its existing secure messaging rails. Seventeen global banks are taking part in the pilot. SWIFT frames the design around round-the-clock settlement, more efficient liquidity use and clearer cash-flow visibility. For an altcoin long marketed as institutional payment infrastructure, the move reopened a debate that has followed XRP for years. Crucially, the SWIFT pilot does not run on XRP Ledger. The initiative is a bank-controlled test environment rather than a live public chain, and reported details name par

The post Hyperliquid Policy Center, Phantom Urge CFTC To Ease Onchain Software Registration Rules appeared on BitcoinEthereumNews.com. TLDR: HPC and Phantom filed a joint letter urging CFTC to clarify registration rules for developers. The letter asks CFTC to give registered exchanges a path to adopt onchain infrastructure. HPC and Phantom want the Phantom no-action letter codified into a permanent formal rule. The filing responds directly to a CFTC request on rules hindering market participants. Hyperliquid Policy Center and Phantom have urged the CFTC to clarify that publishing onchain protocol software does not require registration. The two firms submitted a joint comment letter this week addressing onchain market infrastructure. Their filing asks regulators to modernize outdated rules built around custodial intermediaries. It calls for a clear registration pathway for exchanges adopting onchain systems. The letter also pushes to codify the existing Phantom no-action letter into for

France's World Cup success is driving crypto market activity, highlighting blockchain's growing role in sports and fan engagement. The post France’s perfect World Cup run is fueling a crypto prediction market frenzy appeared first on Crypto Briefing.

The post Kalshi Plans Expansion Into Gold, Currency, and Energy Perpetual Futures Markets appeared on BitcoinEthereumNews.com. Key Highlights Kalshi is requesting regulatory clearance for perpetual futures covering gold, currencies, and energy. The trading venue intends to move past cryptocurrency-focused derivative offerings. Precious metals, particularly gold, represent a top strategic focus for upcoming launches. Regulatory examination by the CFTC may establish precedents for energy-linked perpetual contracts. Legacy derivative exchanges confront mounting competitive challenges from Kalshi’s strategic growth. Kalshi has submitted applications to broaden its perpetual futures offerings into precious metals, currency pairs, and energy commodities. This strategic initiative represents an effort to extend its regulated derivatives framework beyond cryptocurrency markets. The expansion strategy positions Kalshi in direct rivalry with long-standing exchange platforms and retail-focused tr