The SEC chair signaled that the agency would defer to a market structure bill if passed by Congress, but needed a “bridge” to clarify crypto regulation.
Turner Wright
Turner Wright is a staff writer at Cointelegraph and a senior policy reporter. He focuses on U.S. laws and regulations related to digital assets, covering policy and regulatory developments through news and feature articles for Cointelegraph and Cointelegraph Magazine. He also occasionally contributes to the publication’s podcast series. Wright holds a bachelor’s degree in aerospace engineering from the University of Texas at Austin and joined Cointelegraph in 2020 after working as a freelance journalist covering international issues.
- News
SEC interpretation on crypto laws ‘a beginning, not an end,’ says Atkins - News
Major League Baseball inks deals with US regulator, Polymarket The memorandum of understanding with CFTC Chair Michael Selig comes as many US state authorities are cracking down on sports event contracts on prediction markets.
- News
Kalshi CEO fires back against Arizona criminal charges as ‘total overstep’ The prediction markets co-founder said that the company would “abide by court decisions” but signaled that the charges were based partly on political bias and media attention.
- News
‘We are so close this time’ — Senator Lummis on market structure bill The Wyoming Republican said the main issue holding up the bill's passage was stablecoin yield, adding that she believed a provision on DeFi had been “put to bed.”
- News
SEC says most crypto assets may not be securities under federal law The interpretative notice included information on token taxonomy and what digital assets the regulator would consider a security under federal law.
- News
US lawmakers introduce bill to crack down on prediction markets war bets The BETS OFF Act from two Democratic lawmakers came in response to several “highly unusual bets” on the US-Israel conflict with Iran, suggesting insider information.
- News
Arizona AG files charges against Kalshi over ‘illegal gambling‘ A Kalshi spokesperson said that the criminal case was based on ”paper-thin arguments” and claimed the company was exclusively under federal jurisdiction.
- News
CFTC issues ‘no-action’ letter for crypto wallet provider Phantom The no-action position taken by the US regulator under Chair Michael Selig will allow the company to engage in certain activities without registering as a broker.
- News
SXSW recap: Panels favoring AI over crypto in 2026 Unlike previous years, only a handful of official events at the 2026 version of the iconic Austin festival featured crypto.
- News
US, UK, Canada launch joint operation to disrupt crypto fraud Dubbed “Operation Atlantic,“ the effort involves law enforcement agencies from the three countries and is aimed at preventing phishing attacks involving cryptocurrencies.
- News
Circle’s USDC overtook Tether’s USDT in adjusted YTD volume: Mizuho Analysts at the investment company said the change was significant because the stablecoin “winner” will be the one people use for everyday transactions.
- News
US Senate leader doesn’t expect market structure to pass before April: Report Senator John Thune reportedly said that the chamber would prioritize the SAVE America Act before addressing a vote on bipartisan bills like crypto market structure.
- News
Binance claims ‘full and complete legal victory‘ in Alabama court While a judge granted a motion by Changpeng Zhao, he also ordered the plaintiffs in the case against Binance to file a second complaint or face ”total or partial dismissal.”
- News
CFTC chair opens prediction markets rulemaking to public comment “This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms.
- News
Ripple to buy back $750M in shares through April: Report Despite a decline in the price of XRP in the last year, Ripple is expected to reach a valuation 25% higher than reported after a November 2025 funding round.
- News
FDIC chair says no deposit insurance for stablecoins under GENIUS Act A proposed plan by the agency would ban “pass-through insurance“ for stablecoins by third parties in addition to the FDIC not insuring deposits under the law.
- News
Hollywood actor Ben McKenzie releases trailer for crypto-critical documentary Ben McKenzie’s film “Everyone Is Lying to You for Money” features interviews with former FTX CEO Sam Bankman-Fried and others discussing crypto and political influence.
- News
Kalshi suffers court loss in Ohio over sports betting lawsuit The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on sports event contracts.
- News
SEC chair calls for ‘coordinated oversight‘ between US regulators Paul Atkins said that he had stopped ”duplicative enforcement actions” between the SEC and CFTC, stressing the need for a coordinated approach.
- News
UK government‘s long-term fraud strategy labels crypto as ‘growing risk‘ A policy paper from the UK government's Home Office said that “vulnerabilities remain” in authorities' attempts to fight fraud in emerging payments, including digital assets.
- News
Crypto-backed PAC spends $8.6M in Illinois races ahead of US midterms The political action committee Fairshake continues to report spending on political candidates from its $193 million war chest, largely funded by crypto interest groups.
- News
Wyoming Senator revives crypto tax exemption debate amid market structure talks Cynthia Lummis continues to push pro-crypto policies in a market structure bill under consideration in the Senate, even as she prepares to leave Congress in January 2027.
- News
Ex-CFO sentenced to two years for $35M crypto fraud scheme Nevin Shetty was convicted of wire fraud related to secretly moving $35 million in funds from a Seattle startup to his own crypto platform in 2022 to use for DeFi investments.
- News
US senator calls for anti-corruption provisions in crypto bills Senator Elizabeth Warren pointed to the SEC's recent settlement with Tron founder Justin Sun, saying “any crypto legislation moving through Congress“ should address corruption.
- News
Binance says US Senate Iran probe is based on ‘defamatory’ reports The crypto exchange responded to a Senate inquiry over sanctions by claiming that “no Binance account transacted directly with an Iran-based entity.“
- News
Trump son echoes president's anti-bank message amid stablecoin yield fight The post from Eric Trump, tagging his crypto company, came hours after his father claimed banks were holding a market structure bill “hostage.”
- News
FBI arrests custody company CEO‘s son over alleged $46M crypto theft FBI director Kash Patel posted a photo of a handcuffed John Daghita, as well as one of seized items including cash, thumb drives, a phone and devices resembling hardware wallets.
- News
SEC proposes ‘token taxonomy’ for interpreting crypto under securities laws The Securities and Exchange Commission has proposed an interpretive framework for applying federal securities laws to digital assets that would carry more weight than staff-level guidance.
- News
Trump sends pro-Bitcoin Fed chair nomination to the Senate The US president makes it official after previously announcing his pick of Kevin Warsh to replace Fed Chair Jerome Powell in a Jan. 30 social media post.
- News
Trump met Coinbase CEO before slamming banks over crypto bill: Report The meeting reportedly happened before President Donald Trump posted to his social media platform, echoing some of Brian Armstrong's statements about stablecoin yield.