New York has sued Kalshi, calling its prediction-market sports contracts unlicensed gambling and seeking to halt them in the state. Kalshi says federal oversight protects it, but with courts, states, and Congress all circling, the legal squeeze is tightening fast.
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House lawmakers are taking the CLARITY Act debate to New York with a field hearing on crypto market structure, bringing exchanges, legal minds, and policy advocates into the spotlight. It’s a sign of real progress — not final certainty — as Congress tries to shape clearer rules for digital assets.
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New York Senate Bill S8518: Electricity Tax Targets Bitcoin and Crypto Miners New York lawmakers are dropping a bombshell on cryptocurrency miners with Senate Bill S8518, a proposal to slap a tiered excise tax on their electricity usage. Spearheaded by Senator Liz Krueger and Assemblymember Anna Kelles, this legislation seeks to curb climate impact and […]
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Bitpanda Ditches London Listing Over Liquidity Crash, Targets Frankfurt and New York Bitpanda, the Vienna-based cryptocurrency exchange backed by billionaire investor Peter Thiel, has decisively turned its back on a London Stock Exchange (LSE) listing, slamming the UK market for its abysmal liquidity and faltering IPO scene. CEO Eric Demuth has made it clear that […]
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Coinbase Halts Trading for FLOKI, TURBO, and GIGA in New York: Navigating Regulatory Challenges Coinbase, a leading U.S.-based cryptocurrency exchange, has decided to suspend trading for three popular memecoins—FLOKI, TURBO, and GIGA—in New York. This decision, effective April 14, 2025, at 2 PM ET, underscores the ongoing tension between cryptocurrency platforms and regulatory bodies, particularly […]
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