ftc

tZERO Group, a financial market infrastructure provider, announced that the U.S. Commodity Futures Trading Commission (CFTC) has approved its wholly-owned subsidiary tZERO DCM, LLC to register as a designated contract market (DCM), allowing it to operate a regulated derivatives exchange. Previously, on October 16, the CFTC approved tZERO DCO, LLC to register as a derivatives clearing organization (DCO). Currently, tZERO can support derivatives trading and clearing through its regulated entities.The two registrations will be incorporated into tZERO's infrastructure as a service (IaaS) business, developing trading and clearing services for financial institutions and other market participants. According to the merger agreement signed between tZERO and FG Imperii Acquisition Corp. on October 31, both DCM and DCO have been approved to constitute the first contingent milestone condition, which has now been met. tZERO's existing regulated securities infrastructure includes broker-dealers, alternative trading systems, digital asset securities custody, transfer agents, as well as clearing and settlement services.

Former Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Chris Giancarlo stated in an interview with Bitcoin Magazine that the Democratic Party has taken control of both houses of Congress, and the direction of Bitcoin and cryptocurrency regulation will face new challenges. He pointed out that the U.S. Securities and Exchange Commission (SEC) and CFTC have clarified their respective regulatory scopes, and currently, both sides are cooperating smoothly.Giancarlo believes that the upcoming debate over regulatory jurisdiction "is less about good regulation and more about territory." He also mentioned that the progress made by the Depository Trust & Clearing Corporation (DTCC) in tokenized collateral indicates that regardless of how Washington's policies change, Wall Street is moving towards digital network finance.Giancarlo, known as "Crypto Dad" for his long-standing support of the cryptocurrency industry, also discussed topics such as stablecoin regulation, the regulatory status of prediction markets and perpetual contracts, as well as central bank digital currencies in this interview.

According to POLITICO, sources have revealed that the U.S. Commodity Futures Trading Commission (CFTC) has warned that the prediction market platform Kalshi may soon face charges. The CFTC is investigating whether Kalshi failed to follow the notification procedures required by regulators for dozens of new contracts that are set to be launched, and this investigation has been ongoing for several months.A spokesperson for Kalshi responded that the CFTC's warning pertains to "procedural errors in the submission process of a few contracts," many of which have not yet gone live, and the company is addressing the related issues. Additionally, the CFTC is also investigating Polymarket.

Coinbase legal advisor Molly Abraham stated that six institutions, including Coinbase, prediction market platform Kalshi, Kraken's parent company Payward, DRW Holdings, Jump Trading, and Paradigm, have applied to the U.S. court to submit amicus curiae briefs in support of the U.S. Commodity Futures Trading Commission (CFTC) regarding its regulatory authority over individual perpetual contracts.The related institutions argue that, according to the Commodity Exchange Act and the regulatory framework for securities futures established by the U.S. Congress in 2000, such products should be classified as securities futures rather than securities swaps. The aforementioned institutions also believe that preventing innovative products from being compliant and listed in the U.S. will only drive trading activities offshore.

According to The Block, the prediction market broker River Markets stated that its affiliate River Finance LLC has registered as a Futures Commission Merchant (FCM) with the Commodity Futures Trading Commission (CFTC) in the United States and has joined the National Futures Association (NFA), allowing it to hold customer accounts and manage customer funds.River Markets is building a primary brokerage platform for prediction markets aimed at institutional traders, planning to enable clients to manage funds, positions, and risks across multiple exchanges and clearinghouses through a single account, and to support financing arrangements and approved over-the-counter trading.The company was established in May of this year and claims to have transferred over 250 million contracts for clients such as hedge funds and proprietary trading firms, having previously completed a $8.5 million seed round of financing.

The U.S. Commodity Futures Trading Commission (CFTC) reported that as of the week ending November 3, stock fund speculators reduced their net short positions in the CME S&P 500 Index by 27,501 contracts, to 345,246 contracts.

The U.S. Commodity Futures Trading Commission (CFTC) Clearing and Risk Division issued a no-action letter clarifying whether derivatives clearing organizations can use trust companies for the daily settlement of clearing members.The letter states that derivatives clearing organizations may consider trust companies as settlement banks that meet applicable CFTC requirements, allowing them to use these for daily settlements.

Hyperliquid Strategies (PURR), a digital asset treasury platform listed on NASDAQ, disclosed in its quarterly financial report for the period ending September 30, 2026, that its subsidiary has submitted an application to the U.S. Commodity Futures Trading Commission (CFTC) seeking registration as a Futures Commission Merchant (FCM). If regulatory approval is granted, this FCM will handle U.S. customer accounts for the licensed market deployed under the HIP-3* framework, enabling the company to bring perpetual contracts to U.S. customers within a regulated framework. The company also stated that it cannot guarantee the timeline or final outcome of the application approval.In terms of financial data, the company recorded a revenue of $13.3 million for the quarter, of which $12.3 million came from staking income and validator commissions related to HYPE holdings, and $1 million was interest income; net income was $620.6 million, primarily from unrealized gains of $803 million on HYPE tokens, with a provision for income tax of $172.3 million. As of September 30, the company had total assets of $3.7643 billion, holding approximately 38.52 million HYPE, valued at $3.5053 billion based on a price of $90.99 per token, along with cash and cash-equivalents of $254.6 million, shareholder equity of $3.403 billion, and no debt.During this quarter, the company raised $911 million through committed equity financing instruments and deployed $802 million, of which $785 million was used to purchase 9.1 million HYPE, increasing the treasury holdings from 29.3 million as of June 30 to 38.52 million, and an additional $17 million was used to repurchase 2.7 million PURR shares. The validator node in collaboration with Unit has become the largest non-foundation validator node in the network. Hyperliquid recently announced that it will add deployer functionality under HIP-3*, allowing independent operators to operate their own licensed markets in a compliant manner, while the underlying chain remains a neutral infrastructure layer.

Institutional-level cryptocurrency platform Anchorage Digital has submitted a swap dealer registration application to the U.S. Commodity Futures Trading Commission (CFTC) to expand its institutional cryptocurrency options business. The application was submitted through Anchorage Digital Swap Dealer, LLC to the National Futures Association (NFA) and is currently awaiting NFA's review. The company's CEO and co-founder Nathan McCauley did not provide a timeline for the completion of the review, only stating that further progress will be announced at the appropriate time.McCauley stated that if the application is approved, Anchorage Digital Swap Dealer plans to offer European-style options for Bitcoin and Ethereum, with a maximum term of one year, and will subsequently launch more products as it meets its own approval processes and regulatory requirements. Once the registration is complete, institutional clients will be able to trade digital asset derivatives with CFTC-registered counterparties while also utilizing Anchorage Digital's existing custody and other services.Anchorage Digital noted that the growth of its existing options business primarily comes from publicly traded companies holding Bitcoin and Ethereum on their balance sheets, with asset management firms and funds using options to manage exposure also contributing. Anchorage Digital Bank, N.A. became the first federally licensed digital asset bank in 2021, regulated by the Office of the Comptroller of the Currency; this swap dealer entity will adhere to CFTC requirements regarding capital, risk management, and margin, applying the same framework used for interest rate, credit, and foreign exchange market banks under the Dodd-Frank Act. In March of this year, Anchorage Digital added collateral management features to the Atlas platform, and in December of last year, it acquired the wealth management division of Securitize.

The NFA has approved PM Derivatives LLC, a subsidiary of Polymarket, to operate as a Futures Commission Merchant (FCM). An NFA spokesperson stated that the subsidiary has met all requirements for FCM registration, but actual futures brokerage operations still require approval from the Commodity Futures Trading Commission (CFTC).If approved, PM Derivatives will be able to act as an intermediary to receive customer orders and funds; Polymarket stated that the subsidiary plans to adopt a full collateral model, requiring customers to provide sufficient funds for the entire position at the time of the transaction. The CFTC is currently still investigating Polymarket.

According to The Defiant, a group supported by Cboe has filed a lawsuit regarding the approval of individual stock perpetual contracts by the Commodity Futures Trading Commission (CFTC) and is seeking emergency relief to prevent the relevant contracts from being listed as securities futures.The lawsuit names Coinbase, Kalshi, and Bitnomial as defendants. Kalshi is a prediction market platform regulated by the CFTC, while Bitnomial operates a cryptocurrency derivatives trading business. The plaintiffs hope to intervene with emergency relief before the relevant contracts are officially listed.

The U.S. Commodity Futures Trading Commission (CFTC) has approved the first batch of perpetual futures contracts linked to U.S. individual stocks, allowing such products to be listed and traded on regulated exchanges in the U.S. for the first time.This means that U.S. investors will be able to trade individual stock perpetual contracts through regulated markets, further expanding the crossover between traditional stocks and the cryptocurrency derivatives market.

The U.S. Digital Chamber urges Congress to pass a special bill before the recess, granting the CFTC regulatory authority over cryptocurrency exchanges and strengthening customer fund segregation. Lummis stated that the Clarity Act could provide legal protection for freezing suspicious transactions.

The U.S. Commodity Futures Trading Commission (CFTC) reported that for the week ending October 27, stock fund speculators increased their net short positions in the S&P 500 CME by 24,072 contracts, bringing the total to 372,747 contracts; stock fund managers increased their net long positions in the S&P 500 CME by 23,050 contracts, bringing the total to 917,513 contracts.

According to a Reuters report citing an interview with CNBC, Michael Selig, the chairman of the Commodity Futures Trading Commission (CFTC), stated that the CFTC hopes to provide a federal-level option for exchanges like Binance to register with the CFTC in light of the recent hacking incident.Selig previously mentioned that federal registration is a voluntary path for exchanges rather than a mandatory requirement, and that requiring all cryptocurrency exchanges to register can only be achieved through congressional legislation; however, retail cryptocurrency trading involving margin, leverage, or financing must fall under federal regulation.The CFTC issued a notice of proposed rulemaking regarding relevant retail cryptocurrency trading rules on October 5, with the comment period ending on December 14.

Michael Selig, the Chairman of the U.S. Commodity Futures Trading Commission, stated at the CFTC's inaugural Frontier Forum in Washington that imagining a refrigerator autonomously purchasing groceries with funds from staked ETH, or even issuing its own Memecoin, "is no longer science fiction." He believes that when AI agents can hold assets and execute trades autonomously, regulators must make adjustments.Selig pointed out that the CFTC's regulatory framework is built around executing specific financial functions concerning "identifiable market participants," but autonomous software is raising questions about how these rules apply. He proposed that if AI agents identify trading opportunities and execute trades for users, their developers may need to register, who is responsible when the agent goes out of control, how regulators know for whom the agent is trading, and whether a new type of "Know Your Agent" rule, referred to as KYA, is necessary.Selig also mentioned that AI could provide smaller traders and businesses with risk management capabilities that were previously only available to large institutions, but greater autonomy also brings new risks: agents may react unexpectedly to market conditions, agents using similar models may exhibit correlated trading behaviors, and the speed of autonomous trading could complicate market regulation and risk management. Animoca Brands Chairman Yat Siu recently expressed similar concerns to Cointelegraph; Coinbase launched Agentic Wallets in February, and Binance introduced AI Agent Skills in March, allowing agents to trade within user-defined parameters or provide spot order tools.

According to Decrypt, the U.S. Commodity Futures Trading Commission (CFTC) will hold a public roundtable on December 15 to discuss transitioning the derivatives market to 24/7 trading, with topics including overnight trading and tokenization. CFTC Chairman Mike Selig stated that the agency "will not take a one-size-fits-all approach."

According to market news, U.S. Treasury Secretary Janet Yellen stated that regardless of whether Congress takes action, the U.S. Treasury will push to bridge the regulatory gap between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) regarding cryptocurrency.

The U.S. Commodity Futures Trading Commission (CFTC) is once again investigating the prediction market platform Polymarket to determine whether it has violated the 2022 settlement agreement, focusing on whether it has taken adequate measures to prevent U.S. users from accessing the main overseas platform. This review is part of a broader investigation initiated by the CFTC earlier this year, involving user geographic location identification mechanisms, advertising activities in the U.S. market, as well as the customer account opening processes and protective measures of U.S. platforms.According to the 2022 settlement agreement, Polymarket agreed to cease providing services to U.S. users. In 2024, the CFTC and the U.S. Department of Justice conducted investigations, which concluded in 2025 without any charges being filed; thereafter, Polymarket gradually returned to the U.S. market through the acquisition of a licensed derivatives exchange. Polymarket previously stated that it has strengthened geographic restrictions, prohibiting circumvention through methods such as VPNs, and established monitoring mechanisms. There is currently no information indicating that the CFTC has filed formal charges regarding this investigation.

According to NPR, the prediction market platform Polymarket has launched an investigation into dozens of bets related to the U.S. midterm elections on November 3, focusing on potential insider trading and market manipulation. Sources say that at least two cases have been submitted to the U.S. Commodity Futures Trading Commission (CFTC).Shana Bautista, Polymarket's Global Intelligence and Investigations Director, stated that the company has formed a 16-person team and deployed a new election trading monitoring system that generates hundreds of risk alerts daily. The monitoring scope includes U.S. compliant platforms that require identity verification, as well as international platforms that allow anonymous cryptocurrency trading.The system integrates analysis of social media, data from the U.S. Federal Election Commission (FEC), cryptocurrency trading records, information from banking partners, and statistical models to identify abnormal accounts and trading patterns.