UK Opens Crypto Regulatory Application Window Ahead of 2027 Framework

Open Standard launches equity-sharing stablecoin to rival Tether and Circle

A new stablecoin issuer called Open Standard has entered the market with a model designed to compete with industry giants Tether and Circle. The company is introducing a stablecoin called Open USD, which takes a distinct approach to growth and distribution. CEO Zach Abrams stated that the overwhelming majority of Open Standard's equity will be distributed to partners over time. The equity allocation will be tied directly to how much each partner contributes to growing the stablecoin's adoption. This incentive-driven structure sets Open Standard apart from the fixed ownership models of its major competitors.

CFTC Sends Swap Definition Rules to White House Amid State Gambling Disputes

The U.S. Commodity Futures Trading Commission (CFTC) has submitted two rules related to event contract and swaps definitions to the White House for review. The move comes as the agency is engaged in ongoing disputes with several U.S. states over the regulation of prediction markets. The proposed definitions could potentially counter state-level claims that certain prediction market contracts constitute illegal gambling. By seeking federal-level clarification, the CFTC appears to be working to assert regulatory authority over these financial instruments. The outcome of the review may have significant implications for how prediction markets are classified and governed across the country.

Crypto Long & Short: What will the AI agents run on?

Petrobras pilots Cardano blockchain to track clean fuel emissions data

Brazilian state oil company Petrobras is testing the Cardano blockchain through two separate research projects. The initiative focuses on improving transparency and accuracy in tracking cleaner jet fuel and diesel. One key goal is preventing double-counting of emissions reductions, a common challenge in carbon accounting. The other project aims to trace fuel data across the full production and consumption lifecycle. The pilot reflects growing interest in blockchain technology as a tool for verifiable environmental reporting in the energy sector.