A major U.S. regulator has proposed new rules for stablecoin issuers following a recent act of Congress. Concurrently, financial giant CME Group announced plans to launch round-the-clock trading for crypto derivatives, while a security incident forced a Solana-based protocol to advise users to withdraw funds.
The U.S. Federal Deposit Insurance Corporation (FDIC) is proposing a new rule for stablecoin issuers after the passing of the GENIUS Act. Democrats have also pushed for CFTC oversight of offshore prediction markets that allow war-related betting.
CME Group stated it will offer 24/7 crypto derivatives trading starting May 29, adding new contracts linked to Avalanche and Sui. In a separate development, the Solana-based protocol Stabble urged liquidity providers to withdraw funds.
This warning followed the discovery that a former North Korean employee was involved in the project. Brokerage firm Charles Schwab highlighted that even small crypto allocations could increase investor risk.
Industry firm GSR has partnered with tokenization company Libeara, which is backed by SC Ventures. The partnership aims to implement a web3 “investment bank” strategy.
The regulatory landscape is evolving rapidly with increased scrutiny on stablecoins and market integrity. Market participants are navigating a complex environment of new opportunities and persistent security concerns.
