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🚨HUGE: Senator Tim Scott set to reject over a dozen proposed amendments to the crypto bill over drafting errors, per Politico.

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πŸ‡ΊπŸ‡ΈCFTC GIVES PREDICTION MARKETS MORE CLARITY

The CFTC is giving event contract platforms relief from certain swap data reporting rules.

In simple terms, prediction market contracts may technically count as β€œswaps,” but platforms will not have to follow the same reporting requirements for now.

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πŸ‡¬πŸ‡§BANK OF ENGLAND MAY EASE STABLECOIN RULES

The Bank of England is re-examining proposed restrictions on sterling stablecoins after industry pushback, FT reports.

Deputy Governor Sarah Breeden said the central bank is β€œlooking very hard” at the rules, while Governor Andrew Bailey warned global regulators may soon clash with the U.S. over stablecoin standards.

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πŸ”₯Coinbase CEO Brian Armstrong: "Today's vote on the Clarity Act is a big opportunity to move America's financial system forward."

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🚨JUST IN: CME GROUP TO LAUNCH NASDAQ CRYPTO INDEX FUTURES

CME Group is preparing to launch futures tied to the Nasdaq CME Crypto Index, giving traders a new way to gain exposure to the broader crypto market through a regulated derivatives product.

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JUST IN: CME Group launches Bitcoin & crypto index futures starting June 8, 2026.

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