CFTC approves capital comparability order for nonbank swap dealers in EU

Tech  CFTC approves capital comparability order for nonbank swap dealers in EU  The Commodity Futures Trading Commission just made life a little easier for a specific slice of the derivatives world. On May 12, the agency issued a capital comparability determination that lets certain French nonbank swap dealers satisfy US capital and financial reporting requirements by complying with French law instead.  In English: if youre a swap dealer based in France and registered with the CFTC, you no longer have to juggle two separate capital rulebooks. One set of rules, applied correctly, now covers both sides of the Atlantic.  What the order actually does  The determination grants what regulators call “conditional substituted compliance.” Specifically, the order applies to CFTC-registered nonbank swap dealers that are organized and domiciled in France. These firms already operate under the European Unions Investment Firms Regulation (IFR) and Investment Firms Directive (IFD), which govern how much capital non-bank financial firms must hold and how they report their financial positions.  The CFTC looked at those EU rules and determined theyre comparable enough to its own capital and financial reporting requirements. So rather than forcing French firms to comply with both frameworks simultaneously, the agency is allowing them to rely on the European standards

05-15

Czech Koruna: Dovish CNB tone caps gains against Euro – ING

Finance  Czech Koruna: Dovish CNB tone caps gains against Euro – ING  INGs Frantisek Taborsky flags that a new interview with the Czech National Bank governor underlines a dovish tilt despite talk of possible hikes. Markets still price about three hikes over 12 months, but with EUR/CZK stuck in a 24.300–24.400 range, weaker global sentiment and a cautious CNB are expected to push the cross towards the upper end.  CNB rhetoric keeps koruna contained  “The market has, since the last meeting, perceived the CNB more dovishly, but still prices in about three rate hikes in the 12-month horizon, similar to the NBP.”  “This morning, we also saw an unusual interview with the governor for local media, where there was also a discussion about fiscal policy, which sees some widening of the deficit this year. This could potentially support inflation, according to the governor, but again we hear similar dovish arguments as before, such as that the CNB rate is quite high above inflation or the ECB rate.”  “For our economists, the baseline remains no change, and at the same time, the prospect of lower inflationary pressures in the coming months, thanks to the base effect, keeps us confident that the CNB will remain calm for now.

05-15

TikToks 30 Creators Show FIFA Is Redrawing World Cup Coverage

FIFA via Getty Images  When the FIFA World Cup 2026 kicks off on June 11, Allaster McKallaster—the Glasgow-based creator who describes himself as the world‘s most unbiased commentator—will be walking into spaces once reserved for accredited journalists. So will a Seoul amateur coach chronicling his climb through Spain’s lower divisions, and a Monterrey freestyle rapper who turns match analysis into bars.  Team bus arrivals. Training sessions. Press conferences. Warm-ups. They are three of 30 TikTok creators, drawn from four continents, 11 countries and 22 cities, who will cover the tournament as FIFA World Cup 2026 Creator Correspondents.  The shift is not just about who holds the microphone. It is about what counts as World Cup coverage in the first place.  TikTok is pitching itself as the home for the moments around the matches: quick reactions, fan culture, humor, fashion, analysis and behind-the-scenes access. In the U.S., creators span sports fashion, refereeing explainers, kit culture, fan trivia and bilingual soccer communities. Elsewhere, Lirian Santos brings Brazilian soccer-fashion crossover from London, Papa Pincus turns Arsenal-fan obsession into running comedy, Bi Goes covers São Paulo matchday energy, and Skiper raps over highlights from Monterrey.  One notable gap: TikToks named group does not include a Canada-based correspondent, despite Toronto

05-15

Senate Banking Committee votes on Clarity Act, favoring Bitcoin and Coinbase staking

Bitcoin  Senate Banking Committee votes on Clarity Act, favoring Bitcoin and Coinbase staking  The Senate Banking Committee is set to mark up and vote on the Digital Asset Market Clarity Act on May 14, a sweeping 309-page bill that would create the first comprehensive regulatory framework for digital assets in the US. The legislation touches everything from Bitcoins treatment under federal law to whether platforms like Coinbase can continue offering staking rewards.  What the Clarity Act actually does  The legislation establishes a market structure framework that would define how different digital assets are classified and regulated. Bitcoin, stablecoins, and yield-generating products each get specific treatment under the proposed rules.  The most contentious piece is Section 404, which directly addresses stablecoins and the thorny question of yield. The provision bans stablecoin issuers from paying interest on balances in a way that mimics traditional bank deposits. In English: if you‘re holding USDC or another stablecoin, the company behind it can’t just pay you interest the way a savings account would.  But theres a carve-out. The bill does allow what it calls “activity-based rewards.” This distinction matters enormously for platforms like Coinbase, which offer staking and other yield products that generate returns through actual blockchain participation rather than traditional

05-15

Shiba Inu Supply Reduction Momentum Returns With Burn Rate Surging 1,034%

The U.S. Senate Banking Committee advanced the Clarity Act in a 15-9 bipartisan vote late Thursday. The Clarity Act vote marks the first major bipartisan move on crypto market structure legislation in months.  Most of these gains have now been largely retraced, but Shiba Inu price continues to stay in the green, up 0.30% in the last 24 hours to $0.00000627.  In separate news, a fresh warning has been issued to the Shiba Inu community by SHIB-focused X handle Shibizens. It is noted that LEASH v2 is not live yet, as it is currently in active development.  The Shiba Inu-focused X account reiterated that there are no presales or private airdrops, with burn claims only through the SHIB website alone. External audit and public testnet are planned before launch, with Shiba Inu holders urged to stay safe.

05-15

BlackRock and Binance Push Tokenization in Capital Markets

BlackRock and Binance are betting big on tokenization, positioning it as a transformative bridge between traditional capital markets and blockchain-based digital wallets. Speaking on the subject, both firms emphasized the potential of tokenization to unlock efficiency, transparency, and broader accessibility in financial markets.  Tokenization refers to the process of converting real-world assets (RWAs)—such as equities, bonds, or funds—into blockchain-based digital tokens. These tokens retain the same legal rights and economic interests as their traditional counterparts but bring added advantages like faster settlement, reduced counterparty risk, and programmable compliance. According to industry estimates, the tokenized asset market has already surpassed $30 billion as of May 2026, with institutional adoption accelerating.  BlackRock Expands Tokenized Funds  BlackRock, the worlds largest asset manager, is at the forefront of this movement. On May 8, 2026, the firm filed for new tokenized fund structures, building on its earlier blockchain-enabled money market fund. Recent filings indicate that BlackRock has added a tokenized share class to a $6.1 billion liquidity fund. These moves align with broader efforts to integrate blockchain infrastructure into traditional asset management.  By leveraging tokenization, BlackRock aims to enhance operational efficiency while offering investors near-instant settlement and greater liquidity. The firms focus reflects a broader trend among institutional investors,

05-15

Quantum Computing revenue surges 9,000% to $3.6M in Q1 2026, but the fine print tells a different story

Tech  Quantum Computing revenue surges 9,000% to $3.6M in Q1 2026, but the fine print tells a different story  Quantum Computing Inc. (QUBT) just posted a revenue number that looks like a typo. The company pulled in $3.691 million in Q1 2026, up from $39,000 in the same quarter last year. Thats a roughly 9,370% year-over-year increase.  Acquisitions did the heavy lifting  The vast majority of QCI‘s revenue spike wasn’t generated by selling more quantum computing services or landing new clients. It came from consolidating the revenues of two companies QCI acquired in early 2026: Luminar Semiconductor (LSI) and NuCrypt.  Strip away those acquisitions, and organic revenue for the quarter was $24,000.  The acquisitions did bring real revenue-generating businesses into QCIs portfolio. Luminar Semiconductor operates in the photonic chip space, while NuCrypt focuses on quantum-safe encryption products.  Losses widened as expenses ballooned  Operating expenses hit $19.8 million in Q1 2026, up 139% from $8.3 million in Q1 2025. The increase reflects higher personnel costs from integrating the acquired companies and transaction-related expenses that come with closing two deals in rapid succession.  QCI reported a net loss of $4.1 million for the quarter, or $0.02 per share. Thats a sharp reversal from Q1 2025, when the company actually posted net

05-15

Ripple veteran reveals hidden XRPL tool blocking big money control

Ripple CTO Emeritus David Schwartz has explained how XRP Ledger uses the Negative Unique Node List to handle validator failures. Schwartz said XRPLs Negative UNL helps the network keep moving when trusted validators go offline.The mechanism can ignore failed validations without removing a validators wider role in network decisions.The debate comes as XRPL adds lending tools, security upgrades and wider XRP market activity.  The discussion followed fresh debate over XRPLs architecture after Charles Hoskinson called the design “very elegant.”  Schwartz said XRPL needs a validator set that includes reliable operators and smaller independent participants. The issue is that large firms often have stronger uptime because they can pay for better servers and support teams.  Meanwhile, the Negative UNL is a list of trusted validators believed to be offline or not working properly. XRPL.org says the remaining validators can agree to ignore those validators when deciding whether a new ledger has enough support.  The system does not remove the validator forever. If the validator comes back online and sends matching validation votes, it can be removed from the Negative UNL after a short period.  Smaller validators keep their voice  Schwartz said the key point is that the Negative UNL does not silence a validators wider role. A

05-15

Ethereum Price Today: ETH at $2,261 After Second Straight Losing Week – Glamsterdam Is the Only Catalyst Left

Ethereum  Ethereum Price Today: ETH at $2,261 After Second Straight Losing Week – Glamsterdam Is the Only Catalyst Left  Ethereum is trading near $2,261 on May 15, 2026, and the 1W chart shows a second consecutive weekly loss. The week opened at $2,281, pushed to a high near $2,375 on May 10 to 11, then sold off steadily into the close. Volume picked up on the decline and dried up on the recovery attempts. That is the wrong configuration, and it has been the story for ETH two weeks running.  BTC closed this week up 1.46%. ETH closed down 0.91%. The divergence is widening.  What the Weekly Chart Shows  The week started with genuine buying. ETH pushed from $2,281 to $2,375 in the first three days, which was the best the chart had looked in two weeks. Then the sell-off hit. May 12 to 14 saw consistent red sessions, driven by hot CPI data, rising Treasury yields, and the same macro pressure that clipped BTC.  The difference is that BTC recovered. ETH did not. By May 14 to 15, ETH was testing the $2,245 area, the lowest print in over a month. The partial recovery to $2,261 leaves the weekly candle bearish: opened at $2,281, peaked

05-15

$2.6 Billion in Bitcoin, ETH, XRP, Solana Options Expire Today, Experts Raise Concerns

Bitcoin Ethereum  $2.6 Billion in Bitcoin, ETH, XRP, Solana Options Expire Today, Experts Raise Concerns  Crypto market recorded massive liquidations over the past few hours due to Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) options expiry today. Crypto prices tumbled and pared almost all gains after bearish sentiment over the Senate committee advancing the CLARITY Act faded.  The latest US macroeconomic data, Middle East tensions, and spiking US Treasury yields, among other headwinds, are sparking Bitcoin selloff jitters.  Over $2 Billion in Bitcoin Options to Expire Today  According to Deribit data, almost 25K Bitcoin options with a notional value of more than $2 billion will expire on May 15. The put/call ratio of 0.57 indicates bullish sentiment in the crypto market.  The max pain price is at $80,000, below the current market price of $80,772. Moreover, BTC implied volatility is falling and 25 delta skew is rising sharply today. It signals that traders are turning cautious due to high odds of a drop in Bitcoin price.  In the last 24 hours, call volume is still higher than put volume, with a put/call ratio of 0.83. Deribit data shows high volume put and call options trading for the May 29 expiry, especially after the hot US CPI

05-15
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