CFTC Sues Minnesota Over Prediction Markets Ban
The CFTC has filed a lawsuit against Minnesota, citing exclusive federal jurisdiction over prediction markets. The ban could set a precedent.
Minnesota Banks to Offer Crypto Custody as Law Takes Effect Aug. 1
Minnesota's new law allows banks and credit unions to provide crypto custody services starting Aug. 1, signaling regulatory progress in the U.S.
Bitcoin Depot (BTM) Faces Survival Doubts After $20M Legal Hit
Bitcoin Depot cites 'substantial doubt' over its future amid $20M legal judgments, revenue collapse, and regulatory challenges.
ICE, CME Push U.S. Regulators to Target Hyperliquid's Commodity Perps
ICE and CME call for tighter regulation of Hyperliquid's decentralized commodity derivatives, citing risks to energy markets.
Myanmar Proposes Life in Prison for Crypto Scammers
Myanmar's military government proposes severe penalties for crypto fraud, including life imprisonment and death, amid ongoing crypto ban.
A16z Calls for SEC Clarity on Tokenized Securities Framework
Andreessen Horowitz outlines principles for tokenized securities regulation, urging SEC to modernize rules while preserving market integrity.
CFTC Eases Reporting Rules for Prediction Markets Amid Jurisdiction Battle
The CFTC grants regulatory relief to prediction markets like Polymarket and Kalshi, offering clarity on event contract reporting amid federal-state disputes.
Polymarket (POLY) Volume Drops 8.9% Amid Rising Competition
Polymarket's April trading volume fell 8.9% to $10.2B as rivals like Kalshi gain ground, raising questions about the platform's U.S. expansion and regulatory hurdles.
South Korea Crypto Market Drops 50% as Stocks Surge
South Korea's crypto holdings plunged 50% in a year, with trading volumes collapsing as investors pivot to stocks and regulators tighten oversight.
Paxos Defines Six Layers for Stablecoin Payment Systems
Paxos highlights the six critical layers for stablecoin payment infrastructure, addressing licensing, custody, and regulatory hurdles.