Elon Musk's X is exploring stablecoins to pay influencers and content providers
Conversations with X are ongoing, according to a person who also works with other social media platforms testing stablecoins to pay influencers.
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India Spotlight
Regulation, taxation, exchanges and adoption — through an India lens.
CFTC Seats Kalshi, Polymarket, Draftkings on Its New Advisory Panel
The Commodity Futures Trading Commission’s Innovation Advisory Committee holds its first meeting Thursday, with prediction markets on the agenda. Seven of its 35 members run companies at the center of the event-contract fight the agency is waging against nine…
Michael Selig Calls Compute the Most Important Commodity as CFTC Seeks Comment
The Commodity Futures Trading Commission (CFTC) has requested public comment on compute derivatives contracts, its formal move toward overseeing a market that prices the computing power behind artificial intelligence. The regulator announced the request on…
SEC Approves Revised Bitcoin ETF Framework for Retail Investors
The U.S. Securities and Exchange Commission has approved a revised framework allowing more Bitcoin ETF products aimed at retail investors. The update standardises disclosure and custody requirements across issuers, and is expected to broaden institutional…
RBI Expands Digital Rupee Pilot to More Cities and Banks
The Reserve Bank of India has widened its retail digital rupee (e-rupee) pilot, adding more participating banks and cities. The central bank reports steady growth in wallet sign-ups and offline transaction testing. Officials say the CBDC is designed to…
Indian Exchanges Report Higher Volumes After Tax Clarity
Several Indian crypto exchanges have reported higher trading volumes following clearer guidance on virtual digital asset taxation. Platforms say improved transparency around the 30% tax and 1% TDS has helped some users return to compliant domestic venues.…
Kalshi Seeks CFTC Nod for Perpetual Bets on 500 Shares and Copper
Kalshi has asked the Commodity Futures Trading Commission (CFTC) to approve perpetual futures tied to a U.S. large-cap stock index and the price of copper, extending its push from prediction markets into mainstream financial products. The two Aug. 18 filings…
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CFTC Seats Kalshi, Polymarket, Draftkings on Its New Advisory Panel
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