Market Structure

The CFTC’s assertion of exclusive federal jurisdiction over prediction markets escalates a structural dispute …

Crypto volatility reflects unresolved structure, not sentiment. A measured look at why early-stage financial …

Digital assets are entering their infrastructure era. Fidelity’s latest outlook argues that regulated wrappers, …

More than $5 billion in forced liquidations swept crypto markets in four days. The …

The New York Stock Exchange’s development of an on-chain settlement platform for tokenized securities …

On-chain payments are not bypassing legacy finance—they are being absorbed by it. From stablecoin …

For decades, water was treated as an abundant utility rather than a finite economic …

The GENIUS framework resolved the classification of stablecoins. The Clarity Act markup exposed a …

Today’s Clarity Act markup has shifted attention to a quiet but consequential question: who …

Prediction markets are no longer niche instruments. As their mechanisms mature, they are beginning …