Author: Cointelegraph By Turner Wright

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US CFTC Issues Regulatory Approval for Polymarket

Prediction platform Polymarket has received regulatory approval from the US Commodity Futures Trading Commission to operate an intermediated trading platform. In a Tuesday notice, Polymarket said the CFTC issued an Amended Order of Designation, which will allow the company to “operate an intermediated trading platform subject to the full set of requirements applicable to federally…
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Japanese Watchdog to Require Exchanges to Hold Liability Reserves: Report

The Financial Services Agency in Japan will reportedly require cryptocurrency exchanges to maintain liability reserves as part of measures to guard against hacks or unforeseen events. According to a Monday Nikkei report, Japan’s FSA will revise its requirements for local companies to include methods for quickly compensating users affected by security breaches or other causes.…
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Stand With Crypto To Vet 2026 Candidates on Digital Asset Positions

The cryptocurrency advocacy organization backed by Coinbase has started surveying federal and state candidates on their positions on digital assets ahead of the 2026 midterm elections in the United States. In a Monday notice shared with Cointelegraph, Stand With Crypto said it had sent a questionnaire to an unspecified number of candidates in state and…
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Ex-Coinbase Lawyer Announces Run for NY AG, Citing Crypto Policy

Khurram Dara, a former policy lawyer at cryptocurrency exchange Coinbase, officially launched his campaign for New York State Attorney General. In a Friday notice, Dara cited his “regulatory and policy experience, particularly in the crypto and fintech space” among his reasons to try to unseat Attorney General Letitia James in 2026. The former Coinbase lawyer…
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Ex-prosecutor Denies Promising Not to Charge FTX Exec’s Partner

Danielle Sassoon, one of the US attorneys behind the prosecution of former FTX CEO Sam “SBF” Bankman-Fried, took the stand in an evidentiary hearing involving a deal with one of the company’s executives.  In a Thursday hearing in the US District Court for the Southern District of New York, Sassoon testified about the guilty plea…
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Prospective CFTC Chair’s Nomination Advances through Committee

Michael Selig’s nomination to chair the US Commodity Futures Trading Commission is headed for a vote on the Senate floor after clearing a committee hurdle.  In a Thursday notice, Republican leaders with the Senate Agriculture Committee said they had advanced Selig’s nomination following a Wednesday hearing. The vote was reportedly along party lines, with no…
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Advocacy Groups Urge Trump to Intervene in the Roman Storm Retrial

More than 65 cryptocurrency and blockchain companies and advocacy groups have called on US President Donald Trump to step in as federal prosecutors may be preparing to retry Tornado Cash co-founder and developer Roman Storm. In a letter to Trump dated Thursday and shared with Cointelegraph, advocacy organizations including the Solana Policy Institute, Blockchain Association…
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SEC Enforcement Actions Dropped 30% under Paul Atkins: Report

Consulting company Cornerstone Research reported a significant drop in the number of enforcement actions implemented by the current leadership of the US Securities and Exchange Commission, compared to that under the previous administration. In a report released on Wednesday, Cornerstone reported that, under SEC Chair Paul Atkins, the number of enforcement actions against public companies…
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Prospective CFTC chair Addresses DeFi Regulation at Nomination Hearing

Michael Selig, who serves as chief counsel for the crypto task force at the US Securities and Exchange Commission, faced questions from lawmakers on the Senate Agriculture Committee for his nomination to be the next chair of the Commodity Futures Trading Commission. On Wednesday, Selig appeared before the committee and addressed questions and concerns from…
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Marshall Islands says UBI Program will Use Digital Wallet

The Republic of the Marshall Islands announced that it would allow citizens to access funds through a government-issued digital asset as part of the nation’s Universal Basic Income (UBI) program. In a Wednesday announcement shared with Cointelegraph, the government of the island nation said it had launched a digital wallet called Lomalo, which will utilize…
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