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.
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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.
RegulationJapan Cuts Crypto Tax to 20%
Japan reclassified crypto under securities law, cut the tax rate to 20%, and raised penalties for violations to up to 10 years in prison.
RegulationCLARITY Act Under Pressure From Senators and Banks
Senator Warren wants Trump barred from crypto profits, and banks want clearer stablecoin yield rules in the CLARITY Act. A Senate vote is due by August 10.
RegulationUS and UK Agree on Stablecoin, Tokenization Rules
US and UK Treasuries unveiled 10 joint recommendations on stablecoins and tokenization. Here's what the plan covers and when it takes effect.