Perpetual futures markets price the fully diluted value of the token at around $15 billion.
The CFTC voted to propose rulemaking that would prohibit event contracts that allow people to make bets on political events.
The Near Protocol’s Near token has more than doubled in price in 2024.
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.
The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts.
Venice uses blockchain for permissionless payment, as well as web3 infrastructure for local browser storage and end-to-end encryption.
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia.
The industry should expect its legal experts to effectively articulate how these innovative technologies are driving changes in how we understand money, privacy and governance.
Bitcoin open interest is concentrated at a strike price of $75,000 for the end-of-June expiry, an analyst said.
