CLARITY Act clears first Senate hurdle
This week, the US Senate Banking Committee voted to arrive the
Digital Asset Market Clarity Act. It marked a key step in direction of increasing a
federal regulatory framework for cryptocurrencies in the United States.
The committee approved the 309-page draft launched earlier
in the week. The bill proposes splitting oversight of digital property between
the Securities and Replace Commission (SEC) and the Commodity Futures Trading
Commission (CFTC). This could occasionally per chance now switch to the stout Senate, the build it wants no decrease than
60 votes to proceed.
BREAKING: 🇺🇸 Senate Banking Committee PASSES the Clarity Act in 15-9 vote.
The bill now goes to the stout Senate. pic.twitter.com/TCs6T283y2
— Bitcoin Magazine (@BitcoinMagazine) May maybe 14, 2026
The Act is a crypto market structure bill aimed
at ending lengthy-standing regulatory confusion by clearly dividing oversight of
digital property between the SEC and the CFTC. To delivery with passed by the Home in
2025, it seeks to construct a constant federal framework and resolve disputes
between the 2 companies over jurisdiction.
eToro Q1 earnings jumps 37%
Meanwhile, eToro reported its strongest quarterly performance since going public, with first-quarter rep earnings rising 37% one year-over-one year to $82 million. In discovering contribution elevated 19% to $258 million, in step with an announcement released Tuesday.
The procuring and selling platform additionally reported growth in key metrics, with funded accounts reaching 4.02 million and property below administration climbing 15% to $17 billion. Adjusted EBITDA came in at $109 million, whereas adjusted diluted earnings per portion elevated to $0.91 from $0.77 a one year earlier.
Following the update, the NASDAQ-listed firm’s shares in the starting up rose about 6% in pre-market procuring and selling to $41.20 on real earnings, previous to reversing all the blueprint thru the earnings name to discontinuance 3% decrease at $37.61.
XTB stock beneficial properties 6% as accounts high 1M
Additionally making an try upwards, XTB shares rose 6% to PLN 107.12 on Monday, marking the broker’s strongest single-day compose since January 30. The switch followed two bulletins: a PLN 10.66 million portion buyback program and confirmation that XTB has change into the first Polish broker to surpass 1 million domestic accounts.
|
Date |
Total AUA |
Crypto |
Equities |
Money |
|
Mar 31, 2025 |
$14.8B |
$5.6B |
$6.4B |
$2.8B |
|
Sep 30, 2025 |
$20.8B |
$7.8B |
$9.3B |
$3.7B |
|
Dec 31, 2025 |
$18.5B |
$5.3B |
$9.6B |
$3.6B |
|
Mar 31, 2026 |
$17.0B |
$4.1B |
$9.3B |
$3.6B |
|
Apr 30, 2026 |
$18.7B |
— |
— |
— |
Source:
eToro shareholder update, May maybe 12, 2026.
The compose pushes XTB’s one year-to-date performance to spherical 49%, outperforming most listed retail brokers. By comparison, eToro is up about 10% over the an identical period, CMC Markets has obtained 29%, and Robinhood has declined roughly 29%, highlighting a widening performance gap across the field.
Interactive Brokers fuses prediction venues
Interactive Brokers rolled out a new feature that lets its customers replace match contracts from several US prediction market venues thru a single interface. The broker now connects to Kalshi, CME Neighborhood and ForecastEx in a single integrated blueprint, aggregating an identical contracts so customers can search, study and set aside trades across venues in exact time.
Kalshi x Interactive Brokers
One in every of the greatest brokers in the enviornment.
Casual, sophisticated, and institutional investors can now replace the lengthy bustle.
All in a single situation. pic.twitter.com/yM2S4mksU9
— Kalshi (@Kalshi) May maybe 14, 2026
At the an identical time, Interactive Brokers UK reported a pre-tax earnings of £34 million for the one year
ended December 31, 2025, extra than double the £13.6 million it made a one year
earlier. This became reportedly driven by real consumer growth and better
commission and ardour earnings.
After-tax earnings rose to £26 million from £10.5 million,
whereas turnover, derived fully from commissions on recount execution and
associated products and services, elevated to £46.2 million from £36 million, with the figures
conserving easiest the UK subsidiary of Nasdaq-listed Interactive Brokers Neighborhood,
which reports individually on a consolidated basis.
Within the regulatory entrance, the SEC delayed the commence of 24
prediction market ETFs filed by companies at the side of Roundhill Investments, Bitwise,
and GraniteShares. They possess been designed to give retail investors publicity to
match contracts linked to elections, financial files, and other exact-world
outcomes thru a extinct ETF structure.
YaMarkets closes after regulatory stress
Nonetheless, challenges persist in the CFD home. Offshore forex and CFD broker YaMarkets shut down operations, ending its presence in markets the build it became essentially energetic, at the side of India and aspects of Asia. Its B2B arm, YaPrime, additionally appears to be to possess ceased operations, with its web web recount no longer accessible.
The firm operated out of Dubai, with additional service locations of work in India, and became led by co-founder and CEO Lalit Matta, a extinct India Country Supervisor at INFINOX who additionally held roles at ContinueFX and FXGia. In an announcement posted on LinkedIn, the broker mentioned the closure followed deteriorating enterprise circumstances. It cited a altering enterprise ambiance and ongoing operational challenges that made it sophisticated to proceed serving customers as supposed.
Three brokers compose Bahamas alliance
In a uncommon switch replace switch engaging an offshore hub, Pepperstone,
Capital.com, and Trade Nation launched a new replace physique. The Bahamas
Institute of International replace and CFD Issuers (BIFCI) objectives at enhancing coordination among
brokers and strengthening engagement with regulators in the offshore
jurisdiction.
Pepperstone Neighborhood CEO Tamas Szabo mentioned the initiative has
been in constructing since April 2023 and is now operational, at the side of that
additional companies are already alive to and the community stays commence to new
contributors.
The switch displays a broader effort to carry extra structured
governance to the Bahamas, which has evolved since 2020 into a greater-imprint
jurisdiction with stricter regulatory expectations, at the side of capital
requirements and market habits standards.
Coinbase exec backs prediction markets
Crypto is entering into the prediction markets enviornment. Coinbase is rising prediction markets as part of its broader push to construct an “Every part Replace,” however the firm says customers have to not treating these products like ancient monetary property. In an interview, Toni Gemayel, Head of Prediction Markets at Coinbase, explained that many participants interact with prediction markets extra as a compose of media or leisure in preference to extinct procuring and selling devices.
Gemayel additionally outlined why Coinbase entered the section and the blueprint in which it suits into its multi-asset approach. He smartly-known that prediction markets align naturally with the platform’s expansion previous crypto, and highlighted the firm’s partnership with Kalshi as a key step in bringing these products to customers.
Markets swing on politics
As Paul Golden writes this week, market be taught companies hardly ever ever entice consideration except their work challenges prevailing assumptions. Fundstrat did so currently when macro files scientist Alex Wang analyzed the drivers in the support of the 5 easiest and worst market days across the final 12 US administrations, relationship support to Ronald Reagan in 1981.
The evaluation examined factors at the side of corporate earnings, foreign events, financial files, and ardour charge expectations. While government protection emerged as the most typical driver overall, the options additionally showed it played an in particular dominant role in shaping the most lifeless market moves below one explicit president.
FM Singapore Summit 2026 concludes
Lastly, the inaugural FM Singapore Summit took situation this week, with Finance Magnates bringing collectively sessions on AI, tokenisation, and procuring and selling infrastructure. The match opened at the Suntec Singapore Conference & Exhibition Centre, marking the match’s debut in a single in every of Asia’s leading monetary hubs.
🚀 The FM Singapore Summit 2026 has formally kicked off at the Suntec Singapore Conference & Exhibition Centre! 🎉
Day 1 became stout of energy, that includes replace leaders like David Jenkins and Christopher Forbes, and bringing collectively key gamers from fintech, procuring and selling, payments,… pic.twitter.com/57f4HyX1u4
— FXStreet Recordsdata (@FXStreetNews) May maybe 13, 2026
Discussions additionally lined liquidity, regulation, and digital asset infrastructure, with an emphasis on purposeful implementation across APAC markets. One in every of the matters additionally revolved spherical how bullion in APAC must not be treated as aesthetic one other CFD product.
Defend knowledgeable wherever you are with the Finance Magnates Day to day Short.
CLARITY Act clears first Senate hurdle
This week, the US Senate Banking Committee voted to arrive the
Digital Asset Market Clarity Act. It marked a key step in direction of increasing a
federal regulatory framework for cryptocurrencies in the United States.
The committee approved the 309-page draft launched earlier
in the week. The bill proposes splitting oversight of digital property between
the Securities and Replace Commission (SEC) and the Commodity Futures Trading
Commission (CFTC). This could occasionally per chance now switch to the stout Senate, the build it wants no decrease than
60 votes to proceed.
BREAKING: 🇺🇸 Senate Banking Committee PASSES the Clarity Act in 15-9 vote.
The bill now goes to the stout Senate. pic.twitter.com/TCs6T283y2
— Bitcoin Magazine (@BitcoinMagazine) May maybe 14, 2026
The Act is a crypto market structure bill aimed
at ending lengthy-standing regulatory confusion by clearly dividing oversight of
digital property between the SEC and the CFTC. To delivery with passed by the Home in
2025, it seeks to construct a constant federal framework and resolve disputes
between the 2 companies over jurisdiction.
eToro Q1 earnings jumps 37%
Meanwhile, eToro reported its strongest quarterly performance since going public, with first-quarter rep earnings rising 37% one year-over-one year to $82 million. In discovering contribution elevated 19% to $258 million, in step with an announcement released Tuesday.
The procuring and selling platform additionally reported growth in key metrics, with funded accounts reaching 4.02 million and property below administration climbing 15% to $17 billion. Adjusted EBITDA came in at $109 million, whereas adjusted diluted earnings per portion elevated to $0.91 from $0.77 a one year earlier.
Following the update, the NASDAQ-listed firm’s shares in the starting up rose about 6% in pre-market procuring and selling to $41.20 on real earnings, previous to reversing all the blueprint thru the earnings name to discontinuance 3% decrease at $37.61.
XTB stock beneficial properties 6% as accounts high 1M
Additionally making an try upwards, XTB shares rose 6% to PLN 107.12 on Monday, marking the broker’s strongest single-day compose since January 30. The switch followed two bulletins: a PLN 10.66 million portion buyback program and confirmation that XTB has change into the first Polish broker to surpass 1 million domestic accounts.
|
Date |
Total AUA |
Crypto |
Equities |
Money |
|
Mar 31, 2025 |
$14.8B |
$5.6B |
$6.4B |
$2.8B |
|
Sep 30, 2025 |
$20.8B |
$7.8B |
$9.3B |
$3.7B |
|
Dec 31, 2025 |
$18.5B |
$5.3B |
$9.6B |
$3.6B |
|
Mar 31, 2026 |
$17.0B |
$4.1B |
$9.3B |
$3.6B |
|
Apr 30, 2026 |
$18.7B |
— |
— |
— |
Source:
eToro shareholder update, May maybe 12, 2026.
The compose pushes XTB’s one year-to-date performance to spherical 49%, outperforming most listed retail brokers. By comparison, eToro is up about 10% over the an identical period, CMC Markets has obtained 29%, and Robinhood has declined roughly 29%, highlighting a widening performance gap across the field.
Interactive Brokers fuses prediction venues
Interactive Brokers rolled out a new feature that lets its customers replace match contracts from several US prediction market venues thru a single interface. The broker now connects to Kalshi, CME Neighborhood and ForecastEx in a single integrated blueprint, aggregating an identical contracts so customers can search, study and set aside trades across venues in exact time.
Kalshi x Interactive Brokers
One in every of the greatest brokers in the enviornment.
Casual, sophisticated, and institutional investors can now replace the lengthy bustle.
All in a single situation. pic.twitter.com/yM2S4mksU9
— Kalshi (@Kalshi) May maybe 14, 2026
At the an identical time, Interactive Brokers UK reported a pre-tax earnings of £34 million for the one year
ended December 31, 2025, extra than double the £13.6 million it made a one year
earlier. This became reportedly driven by real consumer growth and better
commission and ardour earnings.
After-tax earnings rose to £26 million from £10.5 million,
whereas turnover, derived fully from commissions on recount execution and
associated products and services, elevated to £46.2 million from £36 million, with the figures
conserving easiest the UK subsidiary of Nasdaq-listed Interactive Brokers Neighborhood,
which reports individually on a consolidated basis.
Within the regulatory entrance, the SEC delayed the commence of 24
prediction market ETFs filed by companies at the side of Roundhill Investments, Bitwise,
and GraniteShares. They possess been designed to give retail investors publicity to
match contracts linked to elections, financial files, and other exact-world
outcomes thru a extinct ETF structure.
YaMarkets closes after regulatory stress
Nonetheless, challenges persist in the CFD home. Offshore forex and CFD broker YaMarkets shut down operations, ending its presence in markets the build it became essentially energetic, at the side of India and aspects of Asia. Its B2B arm, YaPrime, additionally appears to be to possess ceased operations, with its web web recount no longer accessible.
The firm operated out of Dubai, with additional service locations of work in India, and became led by co-founder and CEO Lalit Matta, a extinct India Country Supervisor at INFINOX who additionally held roles at ContinueFX and FXGia. In an announcement posted on LinkedIn, the broker mentioned the closure followed deteriorating enterprise circumstances. It cited a altering enterprise ambiance and ongoing operational challenges that made it sophisticated to proceed serving customers as supposed.
Three brokers compose Bahamas alliance
In a uncommon switch replace switch engaging an offshore hub, Pepperstone,
Capital.com, and Trade Nation launched a new replace physique. The Bahamas
Institute of International replace and CFD Issuers (BIFCI) objectives at enhancing coordination among
brokers and strengthening engagement with regulators in the offshore
jurisdiction.
Pepperstone Neighborhood CEO Tamas Szabo mentioned the initiative has
been in constructing since April 2023 and is now operational, at the side of that
additional companies are already alive to and the community stays commence to new
contributors.
The switch displays a broader effort to carry extra structured
governance to the Bahamas, which has evolved since 2020 into a greater-imprint
jurisdiction with stricter regulatory expectations, at the side of capital
requirements and market habits standards.
Coinbase exec backs prediction markets
Crypto is entering into the prediction markets enviornment. Coinbase is rising prediction markets as part of its broader push to construct an “Every part Replace,” however the firm says customers have to not treating these products like ancient monetary property. In an interview, Toni Gemayel, Head of Prediction Markets at Coinbase, explained that many participants interact with prediction markets extra as a compose of media or leisure in preference to extinct procuring and selling devices.
Gemayel additionally outlined why Coinbase entered the section and the blueprint in which it suits into its multi-asset approach. He smartly-known that prediction markets align naturally with the platform’s expansion previous crypto, and highlighted the firm’s partnership with Kalshi as a key step in bringing these products to customers.
Markets swing on politics
As Paul Golden writes this week, market be taught companies hardly ever ever entice consideration except their work challenges prevailing assumptions. Fundstrat did so currently when macro files scientist Alex Wang analyzed the drivers in the support of the 5 easiest and worst market days across the final 12 US administrations, relationship support to Ronald Reagan in 1981.
The evaluation examined factors at the side of corporate earnings, foreign events, financial files, and ardour charge expectations. While government protection emerged as the most typical driver overall, the options additionally showed it played an in particular dominant role in shaping the most lifeless market moves below one explicit president.
FM Singapore Summit 2026 concludes
Lastly, the inaugural FM Singapore Summit took situation this week, with Finance Magnates bringing collectively sessions on AI, tokenisation, and procuring and selling infrastructure. The match opened at the Suntec Singapore Conference & Exhibition Centre, marking the match’s debut in a single in every of Asia’s leading monetary hubs.
🚀 The FM Singapore Summit 2026 has formally kicked off at the Suntec Singapore Conference & Exhibition Centre! 🎉
Day 1 became stout of energy, that includes replace leaders like David Jenkins and Christopher Forbes, and bringing collectively key gamers from fintech, procuring and selling, payments,… pic.twitter.com/57f4HyX1u4
— FXStreet Recordsdata (@FXStreetNews) May maybe 13, 2026
Discussions additionally lined liquidity, regulation, and digital asset infrastructure, with an emphasis on purposeful implementation across APAC markets. One in every of the matters additionally revolved spherical how bullion in APAC must not be treated as aesthetic one other CFD product.
Defend knowledgeable wherever you are with the Finance Magnates Day to day Short.
