US stock exchanges

Prediction market platforms are pushing into offering products tied to US stocks, a move that has drawn concern from regulators over whether such contracts amount to unregistered securities trading. Reuters reports that the expansion is raising questions about jurisdictional overlap between the Commodity Futures Trading Commission and the Securities and Exchange Commission, and how event contracts on stock outcomes should be classified and policed.

Coinbase shares have fallen, and analysis from Trefis asks whether investors have overlooked something in the decline. The question is whether the sell-off reflects crypto market weakness alone or whether the market is mispricing the exchange's fundamentals, such as its revenue diversification beyond trading fees. Traders and analysts are weighing whether the drop signals deeper trouble in the crypto sector or a potential buying opportunity in the largest US crypto exchange.