Fairshake PAC to Initially Spend $6M on House Races as US Midterms Loom
Fairshake, the political action committee (PAC) backed by contributions from Coinbase, Ripple Labs and Andreessen Horowitz, announced that it would initially spend a combined $6
European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against noncompliant firms. Source link
US SEC, CFTC to Oversee Crypto Market With Reduced Leadership
Update (Sept. 29, 8:45 pm UTC): This article has been updated to include a response from the CFTC. Two of the United States’ financial agencies
Kalshi loses appeal, setting up potential Supreme Court case
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws. Source
Agency Dropped Crypto Cases to Avoid Issues with Credibility
Mark Uyeda, who served as acting chair of the US Securities and Exchange Commission (SEC) before Paul Atkins’s confirmation, said the agency dropped civil cases
Move Over Housing – Bitcoin Is Gen Z’s New Wealth Building Asset
Gen Z now makes up less than 5% of the new home market and Hunter Albright of SALT Lending thinks that changes what assets an
CFTC Issues No-Action Position for Trading Software Providers
The Commodity Futures Trading Commission (CFTC) has expanded regulatory relief for “passive software” providers that connect users to regulated derivatives firms and exchanges. In a
Kraken Lets xStocks Holders Earn Yield Through DeFi
Crypto exchange Kraken has launched onchain yield vaults for select tokenized stocks and ETFs, allowing clients to earn returns by lending the assets through decentralized
Bitcoin Suisse to shift up to half of Swiss jobs abroad
The Swiss crypto financial services firm plans to move back-office functions to lower-cost international hubs as it expands its global wealth and asset management business,
New York Town Weighs Crypto Mining and AI Data Center Ban
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