New Jersey Loses Bid to Shut Down Kalshi Sports Contracts After Federal Appeal
In recent developments, a federal appeals court ruled Monday that New Jersey cannot use state gambling law to shut down Kalshi’s sports prediction market, handing the federally regulated platform a…
Federal Reserve Set to Hold Rates as Markets Fully Price out 2026 Cuts
In recent developments, markets have priced out every Federal Reserve rate cut for 2026 as a U.S.-Israel war with Iran sends oil past $110 per barrel and consumer gas prices…
US Treasury Seeks Industry Input as Stablecoin Regulation Enters Federal Rule…
In recent developments, u.S. Treasury moves to align state and federal stablecoin oversight, opening public comment on a new framework that could redefine how digital payment issuers operate across jurisdictions…
US Lawmaker Probes Federal Reserve Approval of Kraken, Warns of ‘Critical?…
In recent developments, scrutiny over crypto access to the U.S. payment system intensifies as lawmakers question how Kraken secured Federal Reserve account approval, raising fresh concerns about regulatory consistency, risk…
Federal Judge Blocks Pentagon From Labeling Anthropic a National Security Threat
In recent developments, this past week, a federal judge in San Francisco blocked the Pentagon and the Trump administration from enforcing a national security designation against Anthropic, the artificial intelligence…
US Senator Introduces Crypto Bill Blocking Federal Bailouts for Digital Assets
In recent developments, u.S. lawmakers move to block taxpayer rescues for crypto firms, tightening federal safeguards and signaling tougher boundaries between digital asset risk and traditional finance as scrutiny intensifies…
President Trump Calls for Emergency Federal Reserve Meeting to Cut US Interes…
In recent developments, on Monday afternoon, U.S. President Donald Trump called on the Federal Reserve to convene a “special meeting” and cut U.S. interest rates immediately, intensifying his criticism of…
Who regulates prediction markets? Coinbase forces a US legal test
In recent developments, coinbase argues the Commodity Exchange Act gives the CFTC exclusive authority over event contracts. Earlier cases involving Kalshi show courts have yet to settle the issue decisively.…
Federal Court Advances Crypto Recovery as Forfeiture Clears Path for Victim R…
In recent developments, federal prosecutors moved to return seized cryptocurrency after a court ordered forfeiture tied to an elderly-targeted scam, clearing the way for restitution as authorities traced bitcoin and…
Fed Rolls Back 2023 Crypto Rules, Shifting How Banks Assess Digital Asset Exp…
In recent developments, federal Reserve scraps crypto-specific bank rules, replacing them with a principles-based framework that eases regulatory friction, expands flexibility for state member banks, and reopens pathways for crypto…
