Weekly Recap: SEC Finally Delivers Regulatory Clarity
Plus, TradeXYZ lands S&P 500 license.
Happy weekend, Defiers!
Global markets gave up some of their recent gains this week as the Iran conflict entered its third week and the Fed left rates unchanged. Bitcoin traded as high as $76K on Tuesday before turning sharply lower after the central bank raised its inflation forecast.
The SEC and the CFTC jointly released sweeping interpretive guidance that formally classifies major crypto assets and activities under federal securities law.
S&P Dow Jones Indices has licensed the S&P 500 to TradeXYZ, marking the first time eligible non-U.S. investors can gain leveraged exposure to the index through an officially licensed, digitally native instrument.
Meanwhile, OP_NET, a smart contract protocol that embeds execution directly into standard Bitcoin transactions, went live on Thursday.
Finally, OpenSea has delayed its token launch yet again.
Enjoy!
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Top Stories This Week
SEC's Crypto Guidance Ends Years of Regulatory Ambiguity But Key Questions Remain
The SEC and CFTC's landmark crypto taxonomy has been widely hailed as a decisive break from years of regulatory limbo but legal experts say one of its most consequential provisions raises more questions than it answers, with no formal process for issuers to find out if they've gotten it right.
TradeXYZ Lands Official S&P 500 License for On-Chain Perpetual
S&P Dow Jones Indices has licensed the S&P 500 to TradeXYZ, enabling the launch of the first officially sanctioned perpetual futures contract based on the index, exclusively on Hyperliquid.
Crypto Markets Extend Post-FOMC Selloff
Crypto markets deepened their losses after the Federal Reserve left interest rates unchanged and raised its 2026 inflation forecast, compounding a selloff triggered by hotter-than-expected wholesale inflation figures.
Bitcoin Gets Native DeFi Stack as OP_NET Goes Live on Mainnet
OP_NET, a smart contract protocol that embeds execution directly into standard Bitcoin transactions, went live this week. The execution layer brings with it a live DeFi stack that includes a decentralized exchange, token issuance, and permissionless smart contract deployment.
OpenSea Delays Token Launch Again, Citing Market Conditions
OpenSea has pushed back the launch of its long-awaited SEA token for the second time, with CEO Devin Finzer announcing that the previously planned March 30 token generation event will not go ahead as scheduled.
Trending
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- World Gold Council Proposes Shared Infrastructure for Tokenized Gold Products
- Solana Foundation President Says Web3 Gaming 'Is Not Coming Back'
- SEC's Crypto Guidance Ends Years of Regulatory Ambiguity But Key Questions Remain
- Crypto Markets Extend Post-FOMC Selloff
That’s it for today — have a great weekend! If you enjoyed this newsletter, tell your friends! https://thedefiant.io/subscribe
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