The ruling enhances presidential influence over crypto regulation, potentially altering enforcement dynamics and impacting investor strategies.
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The post Trump Sends Dodgers Message After White House Visit Update appeared on BitcoinEthereumNews.com.
LOS ANGELES, CALIFORNIA – AUGUST 31: The Los Angeles Dodgers logo on a hat and a Rawlings glove during the seventh inning against the Atlanta Braves at Dodger Stadium on August 31, 2023 in Los Angeles, California. (Photo by Brandon Sloter/Image Of Sport/Getty Images) Getty Images The Los Angeles Dodgers appeared destined to miss one of baseball’s longest-running championship traditions this season. When a single scheduled series in Washington, D.C., after winning the 2025 World Series, came and went without a visit to the White house to celebrate the victory, it seemed as if the team could skip the tradition, particularly as local fans urged a boycott in the wake of some controversial policies championed by President Donald Trump. But now it appears the defending champions have found an unexpected opening and will keep up the tradition despite the political controversy. “The Dodgers
The post CLARITY Act in Focus as White House, Democrats Dispute SEC, CFTC Nominations appeared on BitcoinEthereumNews.com.
The White House has pushed back against claims that the Trump administration is refusing to nominate Democratic Commissioners to independent agencies. This dispute comes ahead of the potential vote on the CLARITY Act, although it is unclear whether it will affect the crypto bill’s chances of passage. White House Rebuts Nomination Claims Ahead of Potential CLARITY Act Vote In a letter addressed to the Senate Majority and Minority Leaders, John Thune and Chuck Schumer, the White House pushed back against claims that the Trump administration is refusing to nominate Democratic Commissioners to independent agencies such as the CFTC and the SEC. The White House said that it has requested suitable Democratic nominations to the CFTC and SEC but has yet to receive names in response to its request. It is worth noting that the CFTC and SEC are both key crypto regulators and w
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A landmark Supreme Court ruling that hands President Donald Trump sweeping new powers over independent federal agencies is now casting a long shadow over crypto regulation in the United States — and the timing could hardly be more consequential. Key takeaways The Supreme Court ruled 6–3 to expand the president’s authority to remove leaders of independent federal agencies, with the Federal Reserve as the sole exception. The SEC currently operates with three Republican commissioners, while the CFTC has only one: Chair Michael Selig. Experts warn that thinned-out commissions produce less durable rules that future administrations can more easily reverse. The Administrative Procedure Act still governs rulemaking, meaning rules passed by a single commissioner carry full legal force if the APA is followed. Trump’s financial disclosure revealed hundreds of billions of dollars in bitcoin an
CFTC Chairman Michael Selig stayed CME Group's self-certified 24/7 crude oil futures contract one day before launch, calling the move 'wholly
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Ambiguous terms in the US-Iran deal risk destabilizing oil markets, as Iran could exploit control over a key shipping lane, impacting global supply.
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Phantom and Hyperliquid Policy Center urged the CFTC to clarify rules for onchain protocols, wallet providers and regulated derivatives markets.
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The post Hyperliquid Wants CFTC to Exempt DeFi From Legacy Crypto Rules appeared on BitcoinEthereumNews.com.
The Hyperliquid Policy Center (HPC) and non-custodial wallet provider Phantom have jointly urged the US Commodity Futures Trading Commission (CFTC) to modernize its regulatory approach to decentralized finance (DeFi). In a response to the agency’s Request for Information on evolving financial technology, the organizations argue that onchain infrastructure should not be regulated like traditional financial intermediaries. The filing could influence how US regulators oversee decentralized markets while shaping the future of self-custody, onchain trading, and blockchain innovation. HPC and Phantom Push for Tailored DeFi Rules In their joint comment, HPC and Phantom argue that developers who publish onchain protocol software should not automatically be treated as operators of exchanges or clearinghouses. Instead, they urge the CFTC to distinguish between building technology and prov
