Underdog sues Connecticut over sports prediction-market crackdown
The exchange operator says federal commodities law preempts Connecticut's sports-wagering rules, opening another test of state and CFTC authority.
U.S. Economic Policy News
U.S. financial legislation, regulation, trade and administration policy affecting markets and crypto.
U.S. Bitcoin ETFs post $450.4M outflow, largest since June
The September 15 reversal was concentrated in Fidelity and BlackRock funds, while a volatile macro and policy backdrop complicated the signal.
DOJ charges former Robinhood engineers over alleged listing trades
Federal prosecutors allege two former Robinhood engineers used confidential crypto-listing information to trade perpetual futures on Hyperliquid.
Senate blocks CLARITY Act in 49-50 procedural vote
The U.S. Senate rejected cloture on the CLARITY Act, stalling a proposed federal framework for digital-asset markets before the midterms.
House crypto tax bill proposes fee relief ahead of September 16 markup
The Digital Asset Tax Certainty Act would change crypto tax treatment, but its small-fee exception is limited and no new relief is in force.
U.S. banking groups seek tighter stablecoin reward limits in CLARITY Act
Eight banking associations want tougher limits on interest-like stablecoin rewards, arguing a proposed deposit-flight safeguard would act too late.
State attorneys general urge Senate to reject current CLARITY Act
A bipartisan coalition says the revised U.S. crypto bill still risks weakening state registration and anti-fraud authority.
Revised U.S. crypto bill adds blind-trust and state enforcement rules
A revised Senate crypto package adds divestiture or blind-trust requirements and a role for state attorneys general before a pivotal procedural vote.
Yen speculators turn net long for first time since February
CFTC futures data shows non-commercial traders swung to a net-long yen position as Fed and Bank of Japan decisions approach.
Trump pledges to end 10% U.S. tariff on Irish whiskey
Trump said the United States will remove its 10% tariff on Irish whiskey, but no effective date or implementing notice has been published.
Trump floats keeping Iranian oil as global supply strain deepens
President Trump suggested the United States could retain access to Iranian oil, but the remark is not a formal policy as fuel markets face severe disruption.
U.S. Senate crypto bill faces pivotal procedural test
The CLARITY Act returns to the U.S. Senate with a procedural vote approaching and major disputes over ethics, stablecoin rewards and enforcement unresolved.
CFTC sets 30% presumption for whistleblower awards up to $5M
A new CFTC rule makes the maximum 30% payout the starting point for many qualifying whistleblower awards of $5 million or less.
Robinhood CEO rejects issuer veto over stock tokens
Vlad Tenev says public companies should control shareholder rights, but not separate blockchain products that track their listed shares.
U.S. multinationals get new route to global minimum tax reporting relief
A revised OECD return lets U.S.-headed groups elect cross-border tax relief, while local minimum taxes and national implementation still matter.
U.S. regulators propose risk-based overhaul of bank vendor oversight
Four agencies want banks to tailor outside-provider checks to actual risks, while a Fed dissent warns of consumer-protection and supervisory gaps.
Robinhood rejects issuer veto over AMC-linked stock tokens
Vlad Tenev says public companies should control shareholder rights, not separate products that track their shares, sharpening the AMC dispute.
Revised CLARITY Act sets rules for controlled DeFi protocols
A 630-page Senate draft would direct the SEC, CFTC and Treasury to define when people controlling DeFi systems face registration and AML rules.