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CFTC chair opens prediction markets rulemaking to public comment

CFTC chair opens prediction markets rulemaking to public comment

by Coin Telegraph | March 12, 2026 11:21 pm | CoinTelegaph, Crypto News

“This ends today,“ said CFTC Chair Michael Selig, who has been reiterating his position that the agency has exclusive jurisdiction overseeing prediction markets platforms.
Bitcoin catching up to gold hints at an ‘opportunity within risk’

Bitcoin catching up to gold hints at an ‘opportunity within risk’

by Coin Telegraph | March 12, 2026 9:25 pm | CoinTelegaph, Crypto News

Bitcoin showed early signs of overtaking gold in the market as new data outlined an opportunity based on historical returns around the US midterm elections.
Bitcoin hugs $70K range as March Fed rate cut odds fall below 1%

Bitcoin hugs $70K range as March Fed rate cut odds fall below 1%

by Coin Telegraph | March 12, 2026 7:29 pm | CoinTelegaph, Crypto News

Bitcoin reacted in kind to calm US macro data, while oil stayed volatile amid uncertainty over the duration of the Middle East conflict.

FATF warns offshore crypto firms create money laundering and sanctions gaps

by Coin Telegraph | March 12, 2026 7:26 pm | CoinTelegaph, Crypto News

A new FATF report says crypto exchanges operating offshore can create gaps in AML enforcement, making it harder for regulators to track illicit activity.
BlackRock launches staked Ethereum ETF offering ETH exposure and yield

BlackRock launches staked Ethereum ETF offering ETH exposure and yield

by Coin Telegraph | March 12, 2026 6:35 pm | CoinTelegaph, Crypto News

BlackRock’s iShares Staked Ethereum Trust ETF will trade on the Nasdaq, offering spot exposure and staking income with a reduced 0.12% fee on the first $2.5 billion.

Binance says US midterms could boost Bitcoin and stocks

by Coin Telegraph | March 12, 2026 6:31 pm | CoinTelegaph, Crypto News

Binance Research says US midterms could set up a rebound for Bitcoin and stocks, though oil shocks and Middle East tensions may weigh near term.
Perp DEXs become the latest battleground for blockchains

Perp DEXs become the latest battleground for blockchains

by Coin Telegraph | March 12, 2026 6:30 pm | CoinTelegaph, Crypto News

Chains are launching perp DEXs to capture trading activity, but history suggests liquidity will consolidate around only a handful of platforms.
Why Ray Dalio says Bitcoin can’t replace gold

Why Ray Dalio says Bitcoin can’t replace gold

by Coin Telegraph | March 12, 2026 6:29 pm | CoinTelegaph, Crypto News

Ray Dalio argues Bitcoin cannot replace gold as a store of value, citing central bank demand, market maturity and Bitcoin’s risk-asset behavior.
Stablecoins are becoming crypto’s largest wasted resource

Stablecoins are becoming crypto’s largest wasted resource

by Coin Telegraph | March 12, 2026 6:29 pm | CoinTelegaph, Crypto News

Stablecoins move trillions each year but mostly sit unused, leaving a widespread inefficiency across crypto markets.

South Korea plans to use AI for crypto tax enforcement

by Coin Telegraph | March 12, 2026 6:26 pm | CoinTelegaph, Crypto News

The National Tax Service has opened a procurement bid for a platform to analyze crypto trading data and flag potential tax evasion.
Chinese fraud victims challenge UK redress plan for 61,000 seized Bitcoin: FT

Chinese fraud victims challenge UK redress plan for 61,000 seized Bitcoin: FT

by Coin Telegraph | March 12, 2026 5:34 pm | CoinTelegaph, Crypto News

Chinese investors defrauded in the Zhimin Qian case are asking the UK High Court to reject a redress plan for 61,000 seized Bitcoin, saying it could deprive them of the assets’ gains.

Bitcoin buyers ‘in control’ but trend won’t change until this level breaks

by Coin Telegraph | March 12, 2026 5:31 pm | CoinTelegaph, Crypto News

Bitcoin analysts said buyers were regaining control, but reclaiming $78,000 as support was key to reversing the overall downtrend.
JPMorgan sued over alleged role in $328M crypto Ponzi scheme

JPMorgan sued over alleged role in $328M crypto Ponzi scheme

by Coin Telegraph | March 12, 2026 5:30 pm | CoinTelegaph, Crypto News

Investors allege JPMorgan helped facilitate fund flows in a $328 million crypto Ponzi scheme, while a parallel federal case targets Goliath Ventures’ founder.
Utah set to block prediction markets as state-federal tensions rise

Utah set to block prediction markets as state-federal tensions rise

by Coin Telegraph | March 12, 2026 4:29 pm | CoinTelegaph, Crypto News

CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.
US prosecutors urge judge to deny Sam Bankman-Fried retrial bid: Report

US prosecutors urge judge to deny Sam Bankman-Fried retrial bid: Report

by Coin Telegraph | March 12, 2026 2:31 pm | CoinTelegaph, Crypto News

Prosecutors say testimony from two former FTX executives cited by the defense does not qualify as newly discovered evidence, Bloomberg reported.
Bonk.fun warns hackers hijacked domain in wallet-drainer attack

Bonk.fun warns hackers hijacked domain in wallet-drainer attack

by Coin Telegraph | March 12, 2026 1:20 pm | CoinTelegaph, Crypto News

Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt.
New Zealand regulator says NZDD stablecoin not a financial product

New Zealand regulator says NZDD stablecoin not a financial product

by Coin Telegraph | March 12, 2026 1:19 pm | CoinTelegaph, Crypto News

Law firm MinterEllisonRuddWatts, which acted on behalf of the stablecoin’s issuer, says the designation of the token is an important step for regulatory clarity.
AI agent payment volumes lower than reported, but adoption is growing: a16z

AI agent payment volumes lower than reported, but adoption is growing: a16z

by Coin Telegraph | March 12, 2026 12:00 pm | CoinTelegaph, Crypto News

Andreessen Horowitz partner Noah Levine says AI agents made $1.6 million in payments in the past month, which “is not a big number, but the infrastructure being built around it is.”
Kalshi preemptively sues Iowa, claiming risk of enforcement action

Kalshi preemptively sues Iowa, claiming risk of enforcement action

by Coin Telegraph | March 12, 2026 12:00 pm | CoinTelegaph, Crypto News

Kalshi claims in a preemptive lawsuit that there is “a substantial risk” that Iowa will take action against it after a meeting it had with state regulators.
Stablecoin yields will bring fresh money to US banks: White House’s Witt

Stablecoin yields will bring fresh money to US banks: White House’s Witt

by Coin Telegraph | March 12, 2026 11:59 am | CoinTelegaph, Crypto News

Global demand for the US dollar is “massive,” and stablecoin yields will only bring more interest to the currency, argued the White House crypto chief.
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