befla – Page 33 – BEFLA

CFTC staff presses exchanges on political speech prediction market bets, asks how to prevent manipulation

2026-09-24, 5:25 PM by befla

A clear video can settle whether a public figure said a particular word. It cannot show who knew the script beforehand or whether the speaker chose a word to affect a bet. That gap is at the center of a Sept. 22 advisory on speech markets from staff at the Commodity Futures Trading Commission. The … Read more

Altcoin demand meets $18B threat as flows move into RWA perps as just 19% of traders keep alts

2026-09-24, 10:25 AM by befla

In the markets Talos tracked, daily volume in RWA perpetual futures tied to equities, commodities and indices rose from less than $1 billion in January to $18.8 billion during Sept. 3-9. That represented 18.5% of futures volume across those venues. Crypto exchanges built their derivatives businesses around perpetual futures, and the same contract structure now … Read more

Bitcoin slips below $85,000 as 5% Treasury yield returns to haunt risk assets

2026-09-24, 10:25 AM by befla

Bitcoin fell below $85,000 on Sept. 23 after stronger-than-expected US business activity sent Treasury yields higher and flushed leveraged longs. The reversal broke the momentum behind a rebound that had accelerated as Bitcoin pushed through a large concentration of short positions earlier this week. Selling intensified after S&P Global released its September flash purchasing managers’ … Read more

$1 billion in trading volume masks hidden liquidity risks for Coinbase stock token holders

2026-09-24, 10:25 AM by befla

More than $1 billion in reported trading makes Coinbase’s stock tokens look active. For a holder looking to sell, the question is how much the market can absorb now, and at what price, particularly outside US equity hours. A Sept. 23 premarket check found indicative buy and sell routes for about $100,000 of each of … Read more

Bitcoin ETFs just erased a $5.7 billion hole, but profit-taking is swallowing the new demand

2026-09-24, 10:25 AM by befla

Bitcoin exchange-traded funds (ETFs) have erased their 2026 flow deficit after a sharp buying revival, even as the top crypto struggles to hold its latest gains. Data from SoSoValue shows that the US-listed funds have attracted more than $1.7 billion in fresh capital this week, with the products drawing $999 million on Sept. 21 and … Read more

MoonPay targets $8.7B trading venue, but the features remain unrevealed

2026-09-24, 8:25 AM by befla

MoonPay has signed a definitive agreement to buy North Capital Investment Technology, a deal that would bring an existing private-securities trading venue into the crypto payments company’s group if it closes. The companies announced the agreement on Sept. 23, and said both boards had approved it. Regulatory approvals and other closing conditions still stand between … Read more

Galaxy adds $100M Sky token and institutional adoption is tested

2026-09-24, 7:25 AM by befla

Galaxy Digital has added $100 million of sUSDS, Sky Protocol’s yield-bearing savings token, to its corporate treasury and approved it as collateral for institutional clients, the companies said Sept. 23. Galaxy and Sky described the treasury position as complete, but their announcement gave no figure for client lending secured by sUSDS or the first completed … Read more

Stablecoins hold nearly $200 billion in US debt, but money funds bought the surge

2026-09-23, 7:24 PM by befla

Money-market mutual funds absorbed approximately 85% of the US government’s latest Treasury-bill surge, giving traditional cash managers the clearest claim to the marginal demand behind the summer issuance wave. The Treasury Department said net bill supply grew by more than $550 billion in July and August, an increase of about 8% in two months. Money … Read more

Europe’s central banks want to scrap this stablecoin reserve safeguard

2026-09-23, 2:25 PM by befla

EU rules require stablecoins issued by electronic-money institutions to keep at least 30% of their reserves in commercial-bank deposits, rising to 60% for significant tokens. Britain’s policy for systemic sterling stablecoin reserves excludes those deposits from coin backing. European central banks now want to remove the EU requirement, bringing the two approaches closer on the … Read more

EU central banks attack MiCA rules and stablecoin runs are blamed

2026-09-23, 10:25 AM by befla

Europe’s central banks want the European Union to rethink a rule designed to make stablecoins safer, but that can also link a token run directly to the banking system. For reserve amounts tied to official currencies, MiCA currently requires issuers of non-significant tokens to keep at least 30% as deposits with EU credit institutions. The … Read more