Tag Archives: regulation

CME Group Sues CFTC Over Competitor Crypto Perpetual Futures Approval

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CME Group, the world’s largest traditional futures exchange, has filed a federal lawsuit against the Commodity Futures Trading Commission (CFTC), as detailed in the official announcement. This legal action challenges the CFTC’s recent approval of competitor crypto perpetual futures contracts, arguing the regulator overstepped its statutory authority under the Commodity Exchange Act. CME Group, a… Continue reading CME Group Sues CFTC Over Competitor Crypto Perpetual Futures Approval→

Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law

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Illinois has moved forward with a new digital asset tax, giving the crypto industry another state-level policy fight to watch as regulation increasingly shifts beyond Washington. TL;DR Illinois SB3019 has become law and includes a 0.2% tax tied to digital asset business activity. The measure is set to take effect on January 1, 2027. Industry… Continue reading Illinois Crypto Tax Draws Industry Pushback After SB3019 Becomes Law→

Illinois Crypto Tax Draws Industry Fire After Pritzker Signs Budget Package

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Illinois has opened a new front in state-level crypto regulation after Governor J.B. Pritzker signed a budget package containing the Digital Asset Tax Act, a measure industry groups are already attacking as one of the harshest crypto transaction taxes in the United States. TL;DR The law introduces a 0.2% privilege tax on digital asset broker… Continue reading Illinois Crypto Tax Draws Industry Fire After Pritzker Signs Budget Package→

Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide

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TL;DR SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.” She criticized the agency’s reliance on enforcement instead of clearer rulemaking. She said she would join Regent University School of Law in November 2026. Peirce Uses Farewell Speech To Criticize SEC Approach SEC Commissioner Hester Peirce used her farewell address, titled “Peirce Out,”… Continue reading Hester Peirce Farewell Speech Highlights SEC Crypto Rulemaking Divide→