Bitnomial

The U.S. Commodity Futures Trading Commission is proposing two rules to oversee leveraged, margined and financed crypto transactions through a new exchange category. The move advances federal crypto policy after Congress failed to complete market structure legislation, but direct spot trading remains largely outside the agency’s rulemaking reach.

BNY is in talks with Payward, the parent company of Kraken, over a potential partnership that could span digital assets, custody, trading, payments and wealth management. The discussions remain ongoing, with no guarantee that the two companies will reach a final agreement.

Kraken parent Payward is pushing beyond crypto exchange trading with a strategy spanning banking, derivatives, tokenized equities, asset management and business infrastructure. The company says its unified ledger model, acquisitions and institutional partnerships are designed to support financial products across multiple brands and channels.

Hyperliquid’s HYPE token is drawing fresh attention as a bullish chart structure points toward a possible move to $90.75. The setup comes as Hyperliquid explores a regulated path into the US derivatives market through Payward and Bitnomial.

The Commodity Futures Trading Commission has cautioned prediction market operators that broad, template-style event contract certifications can fall short of regulatory requirements. The advisory underscores growing scrutiny of a fast-expanding market that includes political, sports and other event-based contracts.

Kraken parent Payward will acquire Hong Kong-based Reap Technologies in a $600 million deal as the crypto exchange expands its stablecoin payments infrastructure and Asia operations.