The CFTC has warned regulated derivatives platforms that round-the-clock trading may suit crypto-native markets but may not work safely across every traditional asset class.

The CFTC said in a Friday advisory that exchanges and clearinghouses should carefully assess products before extending trading and clearing to a 24/7 model. The agency said some markets can support constant access because newer trading systems use blockchain networks, decentralized infrastructure, crypto collateral, stablecoins, and mobile platforms.

The warning came as the agency also allowed CFTC-regulated crypto platforms to offer perpetual futures and global options.Coinbase said in a Friday blog post that the approval lets one of its regulated affiliates add the largest and most liquid category of global crypto trading to its existing 24-hour platform.

CFTC draws line between crypto and traditional markets

According to the advisory, the agency does not view all markets the same way regarding permanent trading hours. The CFTC said agricultural derivatives may face different limits because of their customer base, regional structure, and specialized hedging practices.

The agency said some products could face thinner liquidity during off-peak hours. Under those conditions, the CFTC said markets may experience greater price swings, wider bid-ask spreads, and greater exposure to manipulation.

Under CFTC rules, trading platforms remain the first line of defense against market abuse. The agency said firms that expand trading hours should add compliance controls tailored to the risks posed by constant access.

Agency Asks Firms to Discuss 24/7 Plans

In its letter, the CFTC urged regulated exchanges and clearing organizations to speak with the agency before making major changes to trading schedules. The advisory framed those discussions as part of the agency’s oversight role, especially as market structures around crypto products change.

CFTC Chairman Mike Selig has made crypto, prediction markets, and new trading technology central issues at the agency. Under his leadership, the regulator has made several crypto policy decisions as the Trump administration pushes federal agencies to provide the digital asset industry with a clearer path.

Coinbase said its platform already supports 24/7 trading across equities, futures and prediction markets. The company said the new approval adds crypto perpetuals and global options to that lineup through a CFTC-regulated affiliate.

Gemini settlement reversal adds to policy reset

The same policy environment has also affected older enforcement cases. As previously covered by crypto.news, the CFTC moved to scrap its $5 million settlement with Gemini after deciding the case should not have been brought under the agency’s current standards.

According to a joint motion filed Wednesday in Manhattan federal court, the CFTC and Gemini asked a judge to vacate the January 2025 consent order. The order had resolved allegations linked to Gemini’s proposed Bitcoin futures contract.

The request shows how the agency’s current leadership is reviewing past crypto actions while opening more room for regulated digital asset products. The CFTC is prepared to allow 24-hour crypto markets, but it wants traditional derivatives platforms to prove that constant trading will not weaken market oversight.

Coinbase has opened a regulated route for U.S. institutions to trade global crypto derivatives through its futures commission merchant.

Coinbase said on May 29 that Coinbase Financial Markets now gives eligible U.S. clients access to crypto derivatives markets, starting with Deribit options. The company described the unit as the first U.S.-regulated futures commission merchant to offer access to global crypto derivatives, including perpetual futures and options.

The launch follows action from Commodity Futures Trading Commission staff involving products listed on Deribit FZE, Coinbase’s affiliated foreign board of trade. Coinbase said institutional clients can begin onboarding immediately through Coinbase Financial Markets, while retail access is planned for a later stage.

Institutions get regulated access to Deribit options

Coinbase said the first phase will focus on Deribit options, with crypto perpetual futures, more collateral options, and other derivatives products expected later. The company framed the rollout as a way for U.S. institutions to reach markets that have long been active offshore.

According to Coinbase, crypto derivatives account for about 80% of global crypto trading volume. The company also cited Deribit data showing more than $31 billion in bitcoin options open interest as of May 28.

For trading firms, Coinbase said the access could support hedging, volatility trading, and BTC-linked basis strategies. The company added that U.S. clients previously lacked a regulated route into a market it described as having an annual trading volume of multi-trillions of dollars.

CFTC staff action supports the structure

The regulatory path rests on CFTC staff positions tied to foreign futures and margin arrangements. In its letter, CFTC staff said certain crypto asset perpetual contracts described in the request may qualify as foreign futures under Commission Regulation 30.1.

Staff also issued a no-action position covering certain transfers of customer-owned digital commodities and payment stablecoins to a foreign broker-affiliate for margin purposes. The letter said the position remains subject to the listed conditions.

Coinbase closed its $2.9 billion acquisition of Deribit in August 2025, following its announcement earlier that year. The exchange said Deribit handled more than $185 billion in trading volume in July 2025 and held about $60 billion in open interest on its platform at the time.

Crypto-market reports have also linked Deribit to major Bitcoin options expiries, in which large positions can shape short-term trading around strike prices and expiry dates.

Coinbase builds institutional rails beyond derivatives

The derivatives rollout also aligns with Coinbase’s recent institutional push into fiat funding. As previously covered by crypto.news, Coinbase expanded its partnership with Standard Chartered to give institutional clients greater currency access across global markets.

The integration added funding rails for AUD, SGD, CAD, and CHF. It also added GSIB-backed settlement for EUR and GBP.

Coinbase said the service is available through Coinbase Prime and Coinbase Exchange. The company said the arrangement helps institutions manage capital across spot, derivatives, and financing strategies without forcing every position to be denominated in a single base currency.

The crypto markets are finally heating up again, and large institutional investors are lying low and waiting for their next big move, as Bitcoin has broken above $80,000 per coin following its intraday peak of $81,660. Other alternative currencies are seeing significant institutional activity, despite the market’s overall cautious attitude. There are currently four leading crypto assets that are worth watching. Some have been around for a while and have institutional backing, while others have recently emerged into play due to their upside potential.

Little Pepe is easily the smallest-risk, highest-reward pick on this list, but it’s also the one attracting speculative whale attention right now.

Priced at just $0.0022 during presale stage 13, the project has already raised more than $28.1 million, with the current round reportedly 98.44% filled at the time of writing. That kind of momentum is hard to ignore in the meme coin sector.

Unlike many meme projects, Little Pepe is pushing a bigger narrative. According to the team, they are developing a Layer-2 blockchain for meme coins, which will be fast, cost-efficient, and anti-sniper bot. The platform will also introduce a dedicated launchpad for memes on its blockchain.

It will be very beneficial for wealthy investors because the platform has already undergone the CertiK audit, been listed on CoinMarketCap and CoinGecko, and has plans to list on centralized exchanges. Rumors have started emerging about getting listed on one of the most famous cryptocurrency exchange platforms after the listing.

Another factor creating buzz is the involvement of anonymous crypto experts reportedly connected to some of the market’s top-performing meme projects.

Bitcoin (BTC)

The Bitcoin currency continues to hold the pole position, as even though there has been consolidation, the rich continue buying heavily into BTC. Bitcoin’s price is $81,700, with the total market value above $1.6 trillion. The exchange reserves are expected to be at multi-year lows, while ETF flows remain strong. However, Bitcoin is also likely to rally, despite its technical chart looking similar to what happened during past rallies. Nonetheless, BTC won’t surge 50 times as before.

Ethereum (ETH)

ETH is currently trading around $2,330, signaling a bullish move to break above $3,000 soon.

ETH current performance | Source: CoinMarketCap

Some experts predict that Ethereum may outpace Bitcoin this year if ETF flows remain positive. Network improvements, along with increased tokenized asset trading, are fueling bullish sentiment. The reason Ethereum is attractive to high-net-worth individuals at present lies in its combination of stability and growth potential. It continues to lead the way in smart contract applications, and for most funds, the current level is an accumulation area.

Solana (SOL)

SOL recently traded near $97, with trading volume and network activity picking up again.

Many investors still remember Solana’s explosive rallies from previous cycles, and some traders believe another strong run could happen if overall market sentiment improves. Compared to Ethereum, it still looks relatively undervalued to some institutional buyers.

Conclusion

For traders hunting asymmetric upside ahead of the next meme coin wave, LILPEPE is becoming one of the most talked-about presales right now.

For more information, visit Little Pepe’s official website, Telegram Community, Twitter/X Page, and the $777K Giveaway Page.

For more information about Little Pepe (LILPEPE) visit the links below:

Website: https://littlepepe.com

Whitepaper: https://littlepepe.com/whitepaper.pdf

Telegram: https://t.me/littlepepetoken

Twitter/X: https://x.com/littlepepetoken

$777k Giveaway: https://littlepepe.com/777k-giveaway/

Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.

Texas has moved closer to holding Bitcoin directly after naming a new advisory committee to guide the state’s Strategic Bitcoin Reserve.

The Texas Comptroller’s office said Thursday that Acting Comptroller Kelly Hancock will serve on the five-member Texas Strategic Bitcoin Reserve Advisory Committee, which will advise the state on custody, valuation, and management of Bitcoin holdings.

The committee was created under Senate Bill 21, which the 89th Texas Legislature passed and signed into law on June 22, 2025. The law gave the Comptroller’s office authority to administer the reserve and set up a framework for state-level Bitcoin exposure.

Hancock said in a statement that lawmakers gave his office a clear duty to manage the reserve with transparency, security, and strong financial controls. He added that the committee brings the expertise needed to carry out that work carefully and in the interest of Texas taxpayers.

Texas names Bitcoin reserve advisers

Alongside Hancock, the panel includes Laurie Dotter, chair of the Investment Advisory Board for the Employees’ Retirement System of Texas. According to the Comptroller’s office, Dotter brings more than 35 years of experience in investment oversight and governance.

Jamie McAvity, founder and CEO of Cormint Data Systems, also joined the committee. Cormint operates a 130-megawatt Bitcoin mining facility in Fort Stockton, which the company has described as one of the most efficient mining sites in the country.

The committee also includes Carla Reyes, a Southern Methodist University law professor who serves on the Commodity Futures Trading Commission’s Innovation Advisory Committee. Reyes has also testified before Congress on blockchain policy.

Gary A. Vecchiarelli, CPA, president and CFO of CleanSpark, completes the panel. The Comptroller’s office cited his work building CleanSpark’s Bitcoin trading desk, yield strategies, and digital asset governance systems.

State seeks Crypto Custodian

At the same time, the Comptroller’s office issued a request for proposals for a qualified crypto custodian to support the reserve. The RFP covers secure custody, liquidity services, and asset management.

According to the office, the reserve currently has about $10 million of exposure through BlackRock’s iShares Bitcoin Trust. The RFP outlines a plan to transition from ETF-based exposure to direct Bitcoin holdings within 60 days of contract signing.

The custodian search places Texas among the most active U.S. states pursuing a formal Bitcoin reserve structure. The state’s approach centers on direct custody, financial controls, and support for additional digital assets over time, according to the RFP.

Federal Reserve plan is still developing

Meanwhile, the federal government has continued work on its own Strategic Bitcoin Reserve. President Donald Trump signed an executive order on March 6, 2025, directing the Treasury Department to create a reserve using Bitcoin already held through criminal and civil forfeitures.

The order barred the Treasury from selling those holdings. The U.S. government’s forfeiture-linked holdings were estimated at 328,372 BTC, making it the largest known state holder of Bitcoin.

In January 2026, Patrick Witt, executive director of the President’s Council of Advisors for Digital Assets, said legal issues still needed to be resolved before the Federal Reserve could be completed. By May 2026, Witt said a major legal breakthrough had been reached and that an announcement was close.

On Capitol Hill, Senator Cynthia Lummis and Representative Nick Begich have backed the American Reserves Modernization Act. The bill would allow the Treasury to buy up to 200,000 BTC each year for five years.

Under the proposal, the Treasury would hold the Bitcoin for at least 20 years. If Congress passes the bill, the first open-market Treasury Bitcoin purchase is projected for the fourth quarter of 2026.

The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7 trading, clearing, and settlement.”

In a Friday notice, the CFTC said it had approved perpetual futures contracts tied to the spot price of Bitcoin for prediction markets platform Kalshi. The company announced at about the same time that it would launch the perpetual futures contracts on its platform in a move closer to a derivatives exchange.

“​​The Order was based on representations and submissions made by Kalshi in support of its request for Commission approval, including its explanation and analysis of the BTCPERP Contract’s terms and conditions, the nature of the underlying commodity market, and the BTCPERP Contract’s compliance with applicable provisions of the Commodity Exchange Act and the Commission’s regulations thereunder, including the Core Principles applicable to [Designated Contract Markets],” said the CFTC.

Source: CFTC

The perpetual futures contracts, or “perp” products, would allow Coinbase and Kalshi users to speculate on crypto prices without owning the underlying assets. The CFTC no-action position for Coinbase and approval for Kalshi represented the US agency being more open to crypto derivatives.

Coinbase chief legal officer Paul Grewal called the CFTC decision a “massive first for the industry” in a Friday X post. The exchange launched stock perpetual futures for non-US traders in March.

Related: CFTC seeks to reverse settlement deal with Gemini

In a separate notice, the CFTC distinguished between the suitability of traditional markets and crypto markets for 24/7 trading. According to the agency, “derivatives referencing crypto assets may be well-suited for 24/7 trading due to their digital infrastructure and global reach” while others, like agricultural markets, may not be based on their “unique customer bases, regional nature” and other factors.

CME Group also announces 24/7 crypto futures trading, pending regulatory review. Source: CME Group

Trump touts CFTC’s authority, with no additional commissioner nominations

On Tuesday, US President Donald Trump posted to social media, in a statement supporting Michael Selig and the CFTC in their fight for jurisdiction over prediction markets. The post came amid several state-level lawsuits attempting to restrict or ban the platforms, while Selig claims the agency has “exclusive jurisdiction” under the Commodity Exchange Act.

Selig remains the chair and sole commissioner at the federal commodities regulator in a panel intended to consist of a bipartisan group of five people. As of Friday, Trump had not announced any nominations to fill the seats.

Magazine: HYPE chases $100 target, ETH could dump below $1800: Market Moves

The U.S. Treasury has said it has seized nearly $1 billion in cryptocurrency linked to Iran as Washington expands its financial campaign against Tehran.

The U.S. Treasury has said it has seized nearly $1 billion in cryptocurrency linked to Iran as Washington expands its financial campaign against Tehran.

Treasury Secretary Scott Bessent made the disclosure at the Reagan National Economic Forum, where he said U.S. authorities were tracking funds tied to Iran’s overseas networks. Bessent said the campaign targets financial channels that Tehran is trying to use outside the traditional banking system.

Treasury expands pressure on Iran’s crypto networks

According to Bessent, the latest crypto seizures are part of a broader Treasury effort to cut off revenue streams linked to Iran’s government and the Islamic Revolutionary Guard Corps. The campaign has included sanctions, frozen bank accounts, and actions against blockchain wallets linked to Iranian networks.