Jumat, 29 Mei 2026

SEC approves Paxos as blockchain-native clearing agency


NYSE parent ICE pushes for 24/7 onchain perps as Strategy faces $15B preferred stock burden	͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏	View in browser

May 29, 2026

Your Daily Digest of the 🔥Hottest News in Crypto.

Wall Street’s blockchain rails moved deeper into regulated market infrastructure today, with Paxos winning SEC clearing-agency registration and ICE calling for a level playing field in 24/7 onchain perpetuals. Strategy’s Bitcoin-backed capital structure is also drawing sharper scrutiny, while BTC longs are trying to defend a key support zone as ETF outflows pressure the market.

Today’s top stories

🏛️ Paxos wins SEC clearing agency registration for blockchain-based settlement
🏦 ICE urges regulators to allow 24/7 onchain perps on regulated venues
₿ Arca CIO warns Strategy’s $15B preferred-stock burden may pressure BTC holdings
📰 Keep reading for all of today’s biggest headlines

SEC approves Paxos as ‘blockchain-native’ clearing agency

The SEC has granted Paxos Securities Settlement Company registration as a clearing agency, making Paxos the first “blockchain-native” firm approved to provide clearing and settlement services as a central securities depository in the United States. Paxos says the approval removes a major infrastructure barrier for banks and brokerages that want to build crypto-based market plumbing. The registration follows a 2019 SEC no-action letter and a 2020 pilot for blockchain-based US equities settlement, which Paxos says demonstrated same-day settlement, lower costs and improved operational efficiency inside a regulated framework. The approval also marks a turnabout from Paxos’ prior regulatory clash over BUSD, after the SEC closed its investigation in 2024 and Paxos later settled with the NYDFS.

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NYSE parent ICE pushes ‘level playing field’ for 24/7 onchain perps

Intercontinental Exchange, the parent company of the New York Stock Exchange, is urging regulators to let regulated exchanges offer 24/7 onchain perpetual futures, arguing that crypto-native venues already operate in that market. ICE CEO Jeffrey Sprecher said regulators should create a “level playing field,” and said ICE has held exploratory discussions with Hyperliquid to better understand how onchain perps could connect crypto and traditional finance. The comments follow OKX’s plan to launch perpetual futures based on ICE’s Brent crude and WTI crude benchmarks under a broader ICE-OKX partnership, as well as NYSE’s work with Securitize on blockchain-based stock trading infrastructure. The broader signal is clear: always-on derivatives and tokenized securities are becoming a competitive front between regulated exchanges and offshore or onchain platforms.

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Strategy situation ‘out of hand,’ says Arca exec on $15B preferred stock burden

Strategy is facing renewed scrutiny after Arca CIO Jeff Dorman said its capital structure has gotten “out of hand,” pointing to roughly $15 billion in preferred stock and about $1.5 billion in annual dividend obligations. Dorman argued that Strategy’s financing model depends heavily on Bitcoin continuing to rise, and warned that pressure could eventually leave the company with unattractive choices: sell BTC to pay preferred dividends or stop paying them. Strategy CEO Phong Le also said the company may sell Bitcoin at some point, while maintaining that it plans to keep increasing both its BTC holdings and BTC per share. Polymarket odds for Strategy selling BTC in 2026 have risen, and Cointelegraph notes the company has bought around 170,000 BTC this year, bringing total holdings to 843,738 BTC at an average purchase price near $75,700.

Bitcoin funding spike shows longs defending $70K: Will ETF outflows reverse bulls’ efforts?

Bitcoin slipped toward a key support zone after bulls failed to hold $75,000, with rising funding rates and open interest suggesting long traders are still trying to defend range lows near $70,000. Cointelegraph’s market analysis says BTC’s move toward roughly $73,000 looked more like a continuation of consolidation than confirmation of a higher-timeframe trend change, as liquidations remained within normal intraday ranges. The concern is that spot demand is not confirming the leveraged long positioning: spot Bitcoin ETF outflows topped $200 million on Wednesday and exceeded $1.5 billion over seven days, while Bitfinex analysts pointed to a negative Coinbase premium as a warning sign. The setup leaves bulls exposed if ETF outflows continue and spot buying fails to support the perp-driven defense.

That’s today’s roundup: regulated market plumbing is moving deeper into crypto, 24/7 derivatives are pressuring traditional exchanges, and Bitcoin’s support structure is being tested by ETF flows and corporate-treasury risk.