CFTC building with digital blockchain network overlay symbolizing crypto regulation
Bitcoin News

Phantom and Hyperliquid Urge CFTC to Modernize Rules for Onchain Derivatives

Crypto wallet provider Phantom and the Hyperliquid Policy Center have formally asked the U.S. Commodity Futures Trading Commission (CFTC) to update its regulatory framework for onchain derivatives, arguing that existing rules designed for traditional financial intermediaries do not apply to blockchain developers and non-custodial wallet providers. Key Requests to the CFTC In a response to […]

Bitcoin coin and revised contract on a meeting room table symbolizing SPAC merger renegotiation.
Bitcoin News

Adam Back’s Bitcoin Treasury Company Seeks to Renegotiate Cantor Fitzgerald SPAC Merger Terms

Adam Back’s Bitcoin Standard Treasury Company (BSTR) is seeking to renegotiate the terms of its planned merger with Cantor Equity Partners I, a special purpose acquisition company (SPAC) backed by financial services firm Cantor Fitzgerald. The move, announced Wednesday, signals a potential shift in strategy as market conditions have changed since the original deal was […]