Robinhood

Financial trading screen filled with colorful market charts and data columns

The SEC Approved All-or-Nothing Contracts on Coinbase's Trading Volume and MARA's Bitcoin Output — Payouts Are $1 or Nothing

On October 13, 2026, the Securities and Exchange Commission approved a Cboe Exchange rule change on an accelerated basis, opening the door to a product American investors have never had before: standardized contracts that pay out based on a number a company reports in its SEC filings, rather than on the price of its stock. The approval order is Release No. 34-106659, File No. SR-CBOE-2026-061. The product is called a binary KPI option. And buried in the issuer list — 23 companies named in the order — are three names crypto investors know well: Coinbase Global, Marathon Digital Holdings (MARA) and Robinhood Markets. ...

Multiple trading screens showing stock market charts and price data, the rails the SEC opened for tokenized equities on September 17

SEC Innovation Exemption: Washington Killed the CLARITY Act, Then Built the On-Ramp Itself — Why Bitcoin Is Back Above $80K

On Sept 15 the Senate voted 49–50 to deny cloture on the CLARITY Act (H.R. 3633). Sixty votes were required. The market-structure bill that the entire US crypto industry spent three years lobbying for is dead on this floor. Forty-eight hours later, on Sept 17, the SEC issued the Innovation Exemption. On Sept 18, Bitcoin reclaimed $80,000 — trading around $80,822, up 5.5% in 24 hours inside a $76,205–$80,944 range (CoinGecko). ...

Wooden judge's gavel on a courtroom table representing the Baltimore prediction-market lawsuit against Kalshi and Polymarket

Baltimore Sues Kalshi and Polymarket: What the Prediction-Market Sports-Betting Battle Means for US Crypto Investors

On August 13, the City of Baltimore sued prediction-market platforms Kalshi and Polymarket, opening what legal observers are calling the first case in which a US city government has taken prediction markets to court. The lawsuit pulls three of the biggest names in American retail investing into the fight, because Kalshi runs event-contract offerings through Coinbase, Robinhood, and Webull. For US crypto investors, the case matters far beyond one city: it will help decide whether sports-style event contracts belong under federal CFTC oversight or under a patchwork of state gaming laws. ...