Latest FinTech & Blockchain News
CFTC escalates battle over prediction markets
The CFTC filed an amicus brief in the Sixth Circuit reasserting exclusive federal jurisdiction over prediction markets and arguing that state laws are preempted for CFTC-regulated markets. This adds to a widening federal-state conflict as legal and political pressure on platforms like Kalshi continues to grow .
Minnesota moves to ban Kalshi and similar prediction platforms
Minnesota lawmakers passed legislation on May 13 that would prohibit Kalshi, Polymarket, and comparable prediction-market platforms, sending the bill to Gov. Tim Walz. The move reflects growing state-level resistance to federally regulated event contracts .
D.C. Circuit hears Bitcoin Fog appeal
The D.C. Circuit heard oral argument in the appeal of Roman Sterlingov, accused of operating Bitcoin Fog, a crypto-mixing service prosecutors say moved funds tied to dark-web markets. The case could shape how U.S. money-transmission and venue laws apply to internet-based crypto platforms run abroad .
SEC proposes semiannual reporting option for public companies
The SEC proposed allowing public companies to file semiannual reports on a new Form 10-S instead of quarterly Form 10-Q filings. If adopted, the change would reduce interim reporting burdens while still satisfying Exchange Act reporting obligations .
SEC rescinds 50-year-old “no-deny” settlement policy
Alongside its reporting proposal, the SEC moved to end its long-standing “no-deny” policy, which had limited how respondents could settle enforcement actions. The agency says the change is part of a broader capital-formation and policy modernization agenda .
OCC finalizes interest-on-escrow preemption rules
The OCC finalized rules addressing interest-on-escrow issues and emphasizing federal preemption in banking supervision. The action is part of a broader set of regulatory adjustments intended to ease burdens on banks, including community institutions .
OCC expands community-bank burden reduction agenda
Comptroller Jonathan V. Gould announced continued supervisory and regulatory reforms aimed at reducing compliance strain on community banks. The OCC signaled it wants to streamline oversight while maintaining safety-and-soundness standards .
USDA revokes OneRD guaranteed-lender status from 10 lenders
The USDA revoked OneRD guaranteed-lender status for 10 lenders, affecting eligibility within rural development financing programs. While not a pure fintech story, the move matters for digital lending and lender-partnership ecosystems serving rural finance .
Canada FinTech Symposium 2026 opens in Toronto
The Canada FinTech Symposium 2026 convened banking, payments, AI, digital assets, and fintech leaders in Toronto on May 20–21. The event highlights how North American fintech leaders are aligning around payments innovation, digital assets, and AI-enabled financial services .
US Fed proposes new limited fintech accounts
A report highlights a new U.S. Federal Reserve proposal for limited fintech accounts, suggesting a potential shift in how fintech firms may access parts of the banking system. The proposal could be important for payments, onboarding, and regulated access to core financial infrastructure .
Trump signs executive order aimed at fintech and digital assets
A report says President Trump signed an executive order intended to improve the regulatory environment for fintech institutions and digital-asset businesses. If implemented as described, it could influence oversight, market access, and policy direction for blockchain firms .
Crypto markets track regulatory and policy developments
Recent crypto news coverage highlights that regulatory updates remain a major driver for blockchain and digital-asset markets. Policy changes in the U.S. and abroad continue to shape trading, custody, compliance, and platform strategy .