The rule, proposed in March, would allow the commission to amend or issue new regulations for event contracts traded on prediction market platforms.

Hackett wrote that the name was originally straightforward, framing the token as the opposite of a volatile coin.

He said the design reflects what large institutions require from any blockchain infrastructure they are willing to adopt.

The deal potentially clears the path for a Senate Banking Committee markup that has been stalled since January.

The firm described the cap as "extraneous" to the OCC's objectives, arguing that risk is determined by credit quality, duration, and liquidity.

Perkins pointed to work by Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodity Futures Trading Commission (CFTC) Chair Michael Selig.

Velocity measures how often the same stablecoin is reused in transactions over a given period.

Trader and analyst Michaël van de Poppe cited May 2's $630 million in net inflows to US spot Bitcoin exchange-traded funds (ETFs) as a sign of sustained demand.

A16z said that cease-and-desist orders and proposed bans issued by state regulators against prediction market platforms create a "serious barrier to impartial access."

Of the respondents, 45% said cryptocurrency investing carries more risk than it is worth, while 44% said AI is advancing faster than they are comfortable with.

The pace of the crypto market rally accelerated toward the end of last week as Bitcoin and Ethereum held newfound support levels.

Binance Alpha closed the week ending May 1 with a market cap of $16.69B (+1.62% in 24h) and $4.05B in 24-hour trading volume, hosting two airdrop events.

Prediction markets logged a string of U.S. regulatory advances this week, as a major platform edged toward broader domestic access and federal regulators challenged state crackdowns.

Bitcoin mining contributed $111.9 million, a decline from the prior year due to lower Bitcoin production and lower average prices.

Spot demand fell throughout the rally, widening the gap between price action and underlying buying activity.

Banco Central do Brasil published Resolution BCB No. 561 on Thursday, amending existing eFX rules.

Businesses must pass a Know Your Business compliance check before setting up Agent Cards.

Combined inflows in March and April offset outflows recorded in January and February, bringing cumulative 2026 net inflows to approximately $1.47 billion