Cboe BZX submitted a rule-change application, sponsored by Volatility Shares, for triple-leveraged BTC and ETH products structured as CFTC-regulated commodity pools holding CME/COMEX futures rather than spot assets. The SEC opened the filing for public comment on August 14.
why it mattersWould be the most leveraged regulated bitcoin exposure available in the US if approved, though no listing date has been set.
The Block
Trump is expected to attend a session with executives from Coinbase, Ripple, Robinhood, Gemini, Polymarket and Kalshi alongside CFTC chair Michael Selig and SEC chair Paul Atkins, kicking off the CFTC's new Innovation Advisory Committee.
why it mattersSets the stage for possible regulatory movement after the SEC abruptly postponed its Reg Crypto vote and the CLARITY Act stalled in the Senate.
CoinDesk
Binance began winding down transaction processing with 16 platforms in a phased schedule, with HTX, EXMO and nine others cut off from August 23 to comply with the EU's Russia sanctions package. It's not a delisting, but transfers to or from the affected platforms trigger a compliance hold.
why it mattersHTX is a major exchange; liquidity providers are already pulling back from its books ahead of the cutoff, a sign of the disruption sanctions enforcement can cause even short of a formal delisting.
The Block