CLARITY Act clears first Senate hurdle
This week, the US Senate Banking Committee voted to advance the Digital Asset Market Clarity Act. It marked a key step toward creating a federal regulatory framework for cryptocurrencies in the United States.
The committee approved the 309-page draft introduced earlier in the week. The bill proposes splitting oversight of digital assets between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). It will now move to the full Senate, where it needs at least 60 votes to proceed.
BREAKING: 🇺🇸 Senate Banking Committee PASSES the Clarity Act in 15-9 vote.
— Bitcoin Magazine (@BitcoinMagazine) May 14, 2026
The bill now goes to the full Senate. pic.twitter.com/TCs6T283y2
The Act is a crypto market structure bill aimed at ending long-standing regulatory confusion by clearly dividing oversight of digital assets between the SEC and the CFTC. Originally passed by the House in 2025, it seeks to establish a consistent federal framework and resolve disputes between the two agencies over jurisdiction.
eToro Q1 profit jumps 37%
Meanwhile, eToro reported its strongest quarterly performance since going public, with first-quarter net income rising 37% year-over-year to $82 million. Net contribution increased 19% to $258 million, according to a statement released Tuesday.
The trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term also reported growth in key metrics, with funded accounts reaching 4.02 million and assets under administration climbing 15% to $17 billion. Adjusted EBITDA came in at $109 million, while adjusted diluted earnings per share increased to $0.91 from $0.77 a year earlier.
Following the update, the NASDAQ-listed firm's shares initially rose about 6% in pre-market trading to $41.20 on strong earnings, before reversing during the earnings call to close 3% lower at $37.61.
XTB stock gains 6% as accounts top 1M
Also looking upwards, XTB shares rose 6% to PLN 107.12 on Monday, marking the broker’s strongest single-day gain since January 30. The move followed two announcements: a PLN 10.66 million share buyback program and confirmation that XTB has become the first Polish broker to surpass 1 million domestic accounts.
|
Date |
Total AUA |
Crypto |
Equities |
Cash |
|
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 12, 2026.
The gain pushes XTB’s year-to-date performance to around 49%, outperforming most listed retail brokers. By comparison, eToro is up about 10% over the same period, CMC Markets has gained 29%, and Robinhood has declined roughly 29%, highlighting a widening performance gap across the sector.
Interactive Brokers fuses prediction venues
Interactive Brokers rolled out a new feature that lets its clients trade event contracts from several US prediction market venues through a single interface. The broker now connects to Kalshi, CME Group and ForecastEx in one integrated system, aggregating similar contracts so users can search, compare and execute trades across venues in real time.
Kalshi x Interactive Brokers
— Kalshi (@Kalshi) May 14, 2026
One of the largest brokers in the world.
Casual, sophisticated, and institutional investors can now trade the future.
All in one place. pic.twitter.com/yM2S4mksU9
At the same time, Interactive Brokers UK reported a pre-tax profit of £34 million for the year ended December 31, 2025, more than double the £13.6 million it made a year earlier. This was reportedly driven by steady client growth and higher commission and interest income.
After-tax profit rose to £26 million from £10.5 million, while turnover, derived entirely from commissions on order execution and related services, increased to £46.2 million from £36 million, with the figures covering only the UK subsidiary of Nasdaq-listed Interactive Brokers Group, which reports separately on a consolidated basis.
In the regulatory front, the SEC delayed the launch of 24 prediction market ETFs filed by firms including Roundhill Investments, Bitwise, and GraniteShares. They were designed to give retail investors exposure to event contracts linked to elections, economic data, and other real-world outcomes through a standard ETF structure.
YaMarkets closes after regulatory strain
However, challenges persist in the CFD space. Offshore forex and CFD broker YaMarkets shut down operations, ending its presence in markets where it was primarily active, including India and parts of Asia. Its B2B arm, YaPrime, also appears to have ceased operations, with its website no longer accessible.
The company operated out of Dubai, with additional service offices in India, and was led by co-founder and CEO Lalit Matta, a former India Country Manager at INFINOX who also held roles at ContinueFX and FXGia. In a statement posted on LinkedIn, the broker said the closure followed deteriorating business conditions. It cited a changing business environment and ongoing operational challenges that made it difficult to continue serving clients as intended.
Three brokers form Bahamas alliance
In a rare move industry move involving an offshore hub, Pepperstone, Capital.com, and Trade Nation launched a new industry body. The Bahamas Institute of Forex and CFD Issuers (BIFCI) aims at improving coordination among brokers and strengthening engagement with regulators in the offshore jurisdiction.
