RegulationBernstein Warns of Crypto Selloff Risk Over CLARITY Act
Bernstein warns a stalled CLARITY Act could hit Bitcoin. Odds of passage have dropped to 31% on Polymarket amid Senate delays.
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RegulationSEC Freezes Nasdaq QBTC Bitcoin Options After CME Challenge
The SEC paused Nasdaq's QBTC bitcoin index options after a CME Group jurisdiction challenge. Review continues through at least August 24.
RegulationUS Sanctions Iran's Hormuz Safe Bitcoin Insurance Scheme
The US Treasury sanctioned Hormuz Safe, an Iranian marine insurance scheme for the Strait of Hormuz that accepted bitcoin payments funneled to the IRGC.
RegulationNew York Sues Kalshi Over Illegal Gambling
New York's AG sued Kalshi over alleged illegal gambling. The CFTC is fighting to block the suit, citing federal jurisdiction over prediction markets.
RegulationJudge Blocks Minnesota's Prediction Market Ban
A US judge temporarily blocked Minnesota's prediction market ban. Kalshi and Polymarket US can keep operating in the state during litigation.
RegulationGoldman Sachs Backs CLARITY Act Against Wall Street
Goldman Sachs CEO David Solomon backed the CLARITY Act against JPMorgan and the banking lobby ahead of a Senate vote.
RegulationFrance Blocks Polymarket Over Illegal Gambling Concerns
France's ANJ ordered ISPs to block Polymarket, calling it illegal gambling. Fines reach 100,000 euros as the platform is restricted in 30+ countries.
RegulationCLARITY Act Odds Drop to Record 32% on Polymarket
Polymarket now gives the CLARITY Act just a 32% chance of passing this year. The holdup is a fight over ethics rules in the US Senate.
RegulationUS Senate Unanimously Opposes SBF Pardon
The US Senate unanimously passed a resolution opposing any pardon for FTX founder Sam Bankman-Fried. Here's what the vote means.