The Buenos Aires Public Prosecutor's Office said it ran 90 simultaneous raids and froze more than 8 million USDT across three fraud rings — fake trading apps, WhatsApp hijacks, and a Chinese-origin infostealer operation — in what it calls the province's largest crypto seizure to date.

The agency approved Kalshi's BTCPERP contract, the first bitcoin perpetual on a registered U.S. exchange, and in a separate action cleared Coinbase to route customers to its offshore Deribit affiliate. Together the moves open an onshore path for a product long pushed abroad and raise the competitive stakes for dominant venues such as Hyperliquid.

A New York Times investigation reveals that CFTC officials who raised concerns about prediction markets were suspended and removed from the agency.

SEC Commissioner Hester Peirce references a staff statement on tokenization to distinguish between issuer-sponsored tokenized stocks and synthetic crypto instruments offering stock exposure.

Hester Peirce pushes back against "hyperbole" surrounding a contemplated SEC innovation exemption for tokenized NMS stock, emphasizing it would cover only digital representations of existing equities, not synthetic assets.

The SEC is developing a new regulatory framework that would allow digital versions of publicly traded securities to trade on blockchain networks in the US.

Galaxy has obtained a BitLicense from the New York State Department of Financial Services, regulatory approval to operate a cryptocurrency business in the state.

Bitcoin rose 3% and Coinbase stock surged more than 8% as the Senate Banking Committee advanced the most consequential crypto market structure bill in U.S. history. Substantial hurdles remain before it becomes law.

Coinbase CEO Brian Armstrong says crypto legislation is closer to passage, crediting Senate support and 3.7 million Stand With Crypto advocates.

The Senate Banking Committee publicly released the full text of its crypto market structure bill ahead of Thursday's markup, with amendments due by end of business Wednesday.