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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Poland Upholds Crypto Bill Veto as Zondacrypto Probe Widens
Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the
US Officials Work with CrowdStrike to Fight Malware behind Crypto Theft
Federal law enforcement officials, working with cybersecurity technology company CrowdStrike, announced action against entities behind malware that enabled the theft of $150,000 in cryptocurrency. In
Strategy Bitcoin Buying May Resume After Saylor ‘We’re Back’ Signal
Strategy’s Michael Saylor said “We’re Back” in his latest signal on X (formerly Twitter) of the company’s likely return to Bitcoin buying. For market watchers,
