Kalshi is turning up the pressure in Washington, backing a new lobbying group as prediction markets face a growing pile-up of legal, political, and regulatory threats. Kalshi backs Americans for Fair Markets Taylor Budowich joins as strategic advisor CFTC oversight is the main goal Congress is probing Kalshi and Polymarket State gambling fights are heating […]
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CFTC crypto oversight is under fresh scrutiny after a New York Times report said senior officials who raised concerns about prediction market firms were sidelined, investigated, and pushed out. The dispute reaches Polymarket, Crypto.com, and a Gemini affiliate, while a broader fight over prediction markets, crypto regulation, and federal versus state authority keeps getting messier. […]
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The Senate Banking Committee has moved a bipartisan crypto bill forward, taking a real swing at the mess of U.S. digital asset regulation and the long-running SEC vs. CFTC turf war. Senate Banking Committee advances the CLARITY Act Aims to split crypto oversight between the SEC and CFTC Some digital assets would be treated as […]
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Senator Cynthia Lummis says the Clarity Act could reach a Senate floor vote before August, but the bill still has a few messy political hurdles to clear before anyone starts celebrating. The measure has bipartisan momentum, clearer market relevance than most crypto bills ever get, and a real chance to reshape U.S. crypto regulation by […]
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Minnesota has drawn a hard line against prediction markets, and the CFTC is answering with a lawsuit that could decide whether states can treat these markets like gambling or whether federal derivatives law wins the turf war. CFTC sues Minnesota over a new prediction markets ban Law takes effect Aug. 1 unless a court blocks […]
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Prometheum is going live, Japan is opening the door wider to foreign stablecoins, and the CFTC is suing Minnesota over a crypto ban. Three different flashpoints, same underlying message: crypto’s next chapter is being written by regulators, courts, and the companies willing to survive the paperwork knife fight. Prometheum goes live — a regulated crypto […]
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Coinbase, Kraken, and Gemini are pressuring U.S. senators to kill a crypto token-listing rule they say would slam the door on smaller assets before they ever reach regulated markets. Exchanges want the listing ban removed Senate bill targets tokens “not readily susceptible to manipulation” Fight pits market access against anti-fraud safeguards The fight centers on […]
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An Ohio investment manager has been sentenced to nine years in federal prison for running a Bitcoin trading Ponzi scheme that prosecutors say pulled in more than $10 million from investors sold the oldest lie in finance: guaranteed returns with no real risk. 9 years in federal prison More than $10 million raised “Guaranteed” Bitcoin […]
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The CLARITY Act cleared a major Senate committee hurdle, but it is still a long way from becoming actual U.S. crypto law. Committee win: Senate Banking passed it 15-9 Main goal: Split SEC and CFTC oversight of digital assets Big obstacle: A 60-vote Senate threshold still stands in the way Other fights: Agriculture Committee merge, […]
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CLARITY Act Passes Senate Banking Committee: What It Means for Bitcoin and Crypto The CLARITY Act has moved through the Senate Banking Committee, and that’s a big enough signal to get Bitcoiners, crypto founders, and every regulatory survivor in the space paying attention. The U.S. may finally be inching toward a real framework for digital […]
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