The Ninth Circuit should follow the clear statutory text and historical record. Federal law governs these markets, full stop. Allowing states to override that judgment would undermine regulatory certainty, stifle innovation, and unravel a system Congress carefully constructed.

Rama Somayajula joins Paradigm as Head of Trading

Regulators should look to the statutory text and not subsequent commentary when defining what is a safe and sound practice.

As Congress finalizes crypto market structure, they should avoid negating the innovation that the GENIUS Act enabled

A new report on how stablecoins interact with the banking system and credit creation suggests stablecoins will be positive for the banking system and credit provision on net.

After analyzing Polymarket’s market structure, event data, and smart contracts, we discovered that most Polymarket analyses and dashboards have been mistakenly double-counting volume.

No group stands to gain more from crypto access than the unbanked and underbanked.

Congress has already spoken on allowing affiliates to issue yield; regulatory agencies cannot alter that decision.

Paradigm responds to the FCA on key priorities for applying their Handbook to cryptoassets, emphasizing that execution of regulatory details will determine U.K.'s crypto leadership success.

Yesterday, Paradigm filed an amicus brief in KalshiEX LLC v. Martin, a Fourth Circuit case about Maryland’s effort to treat federally regulated swaps as gambling. This isn’t a close call.