The U.S. Senate approved Michael Selig as the 15th CFTC chair, installing a market-structure specialist who has argued for “minimum effective dose” rules and technology‑neutral supervision. Expect accelerated implementation of the GENIUS Act, closer CFTC–SEC coordination, and clearer pathways for regulated spot and derivatives products tied to digital assets. Selig succeeds Acting Chair Caroline Pham, who led key crypto pilots and now moves to the private sector. The confirmation caps a year of rapid rulemaking as institutional demand for regulated digital-asset instruments climbs.
Source: FinanceFeeds
JPMorgan migrates tokenized deposits to public blockchain, integrating JPMD with Coinbase’s Base
In a watershed for global banks, JPMorgan moved its primary tokenized deposit product (JPMD) from a private ledger to Base, Coinbase’s public Layer 2, using a “permissioned‑on‑public” model for KYC‑whitelisted wallets. The shift enables 24/7 settlement, direct interoperability with crypto rails, and positions the bank as a core liquidity provider to on‑chain capital markets. The migration is part of a multi‑chain push that also includes a tokenized money market fund on Ethereum and Solana‑settled commercial paper.
Source: FinanceFeeds
ICE in advanced talks to invest in MoonPay, tightening ties between NYSE parent and crypto payments
Intercontinental Exchange (ICE), parent of the NYSE, is reportedly negotiating a stake in MoonPay at about a $5B valuation, reflecting surging institutional interest in tokenized payments and fiat–crypto bridges. The move follows MoonPay’s New York trust charter and the hiring of former Acting CFTC Chair Caroline Pham as CLO, bolstering its regulatory posture. For ICE, the deal would extend its 2025 “on‑chain value” strategy and could make MoonPay a regulated gateway for its global client base.
Source: FinanceFeeds
Euronext advances plan for a pan‑European CSD to cut issuance costs and boost cross‑border liquidity
Euronext is working with major banks and agents to design a unified issuance and settlement framework, tackling Europe’s fragmented post‑trade plumbing. A shared CSD structure would simplify corporate actions, standardize processes, and lower costs for issuers and investors across jurisdictions—aligning with the EU’s Savings & Investment Union agenda and prospective ESMA supervision. With CSDs already consolidated under “Euronext Securities,” the exchange has a platform to scale harmonized settlement.
Source: FinanceFeeds
Regnology to acquire Moody’s Regulatory Reporting & ALM Solutions, shaping an end‑to‑end RegTech platform
Regnology agreed to buy Moody’s regulatory reporting and ALM business, adding Basel III, IFRS 9, Solvency II and liquidity capabilities across 50+ jurisdictions. Anchored by its Risk Hub and granular data model, Regnology aims to unify regulatory reporting, capital/liquidity analytics, and ALM for banks and insurers facing multi‑jurisdictional change. Backed by Nordic Capital, the deal underscores consolidation toward integrated, scalable risk‑and‑reporting stacks.
Source: FinanceFeeds
Institutions buy the Bitcoin dip via ETFs while Ether funds bleed—divergence widens across crypto
U.S. spot Bitcoin ETFs swung back to net inflows—$457M led by Fidelity and BlackRock—even as BTC slid toward $84K, highlighting steady institutional “buy‑the‑dip” behavior. Ether funds, by contrast, logged a five‑day, $533M outflow streak amid concerns over value capture and a rotation toward higher‑growth chains. The flows reinforce a more selective market: BTC as macro collateral/institutional exposure; ETH facing nearer‑term skepticism; and niche assets (like XRP) attracting distinct investor bases.
Source: FinanceFeeds
Bitfinex scraps trading fees across spot, derivatives, and tokenized securities in aggressive land‑grab
Bitfinex became the first major centralized exchange to permanently remove both maker and taker fees platform‑wide, betting volume growth and lending activity can offset lost commissions. The move neutralizes traditional fee‑discount perks (e.g., LEO), while keeping funding markets intact, and targets professional/institutional flow that prioritizes execution speed and tight spreads. It intensifies the “fee wars” and pressures rivals to recalibrate pricing and differentiation.
Source: FinanceFeeds
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