CFTC chair Mike Selig said the agency established a prediction markets advisory to help catch insider traders, warning there would be consequences.

Coinbase, World Liberty Financial and Laser Digital are also in line for a banking charter in the US, after Crypto.com received conditional approval for a charter on Monday.

The Blockchain Association urged Congress to exempt low-dollar crypto transactions and tax mining and staking rewards upon sale.

Bitwise’s acquisition of Chorus One expands the company’s staking capabilities to more than 30 blockchains, including Solana, Hyperliquid, Monad, Avalanche and Sui.

Computing and AI company IBM saw its largest single-day drop in 25 years on Monday, tumbling 13.1% to $223.35.