Traditional finance firms and major crypto platforms are expanding into blockchain-based prediction markets as event contracts attract deeper liquidity. Chainalysis said on May 7 that inflows have climbed sharply since September 2024, with retail activity drawing market makers and institutions into larger deposits. The move is advancing alongside ongoing regulatory disputes over whether these products are derivatives or gambling.

The U.S. Senate Banking Committee will hold a May 14 executive session to mark up H.R.3633, the Digital Asset Market Clarity Act of 2025, with the proceeding scheduled for 10:30 a.m. The session will consider amendments and decide whether the bill advances toward a full Senate vote. Supporters say the proposal aims to clarify SEC and CFTC roles and set registration, disclosure, and operational requirements for digital asset market participants.

On May 7, Coinbase CEO Brian Armstrong said crypto is entering a new adoption phase, calling the onchain economy at “escape velocity” as on-chain finance, stablecoins, and AI-driven payments expand. Coinbase reported Base stablecoin transaction volume rose tenfold year over year and the average USDC held in Coinbase products increased 55%. The company also pointed to agentic finance activity concentrating on Base and USDC during the quarter.

Coinbase said a May 7 incident disrupted core trading services after errors spread across multiple Amazon Web Services availability zones, with the issue traced to use1-az4 in the US-EAST-1 region. The exchange said its recovery design handled a single-zone failure, but this event exceeded those conditions, leading to trading interruptions until markets were gradually restored. Coinbase added it will complete a full review while awaiting AWS's official retrospective.

Japan's Financial Services Agency (FSA) outlined concerns about disclosure gaps, retail-investor protection, and speculative trading tied to meme coins in an April 10 review of cryptoasset regulation. The agency signaled a shift toward tighter, more effective rules that could broaden oversight to protect users while still aiming to preserve innovation.

India's tax authorities are issuing Section 148A notices that may reopen earlier crypto-related filings, with many cases tied to financial year 2021–22. The alerts can be triggered when automated systems treat trading volume as income or detect mismatches across exchanges, PAN-linked KYC, bank transfers, and tax returns. Koinx says the flagged figure may be an estimate rather than actual profit, and responses with complete records can determine whether reassessment proceeds.

Japan’s Financial Services Agency (FSA) data shows that, as of April 5, 28 domestic crypto exchange service providers are registered and more than 100 unique tokens are listed across those platforms. The registry was last updated on Feb. 28 and records about 520 total token listings when duplicates across exchanges are counted.

Michael Saylor and economist Peter Schiff argued on X on April 5 over how to judge bitcoin’s performance and whether Strategy’s stock (MSTR) is justified. Schiff pointed to BTC’s 12% five-year gain versus MSTR’s 68.5% rise and urged investors to sell before a sharp drop. Saylor countered that longer horizons show stronger results, citing a chart showing bitcoin at a 36% annualized return since August 2020.

Michael Saylor posted "Back to Work" on X on April 5, reviving his closely watched "orange dot" format that some traders associate with Strategy's bitcoin accumulation updates. The chart shared with the post shows Strategy holding 762,099 BTC, after an SEC filing said the company made no bitcoin purchases for the week ending March 29.