Crypto kidnappers who robbed a Minnesota family of $8M plead guilty
In recent developments, two Texas brothers admitted to holding a Minnesota family at gunpoint and forcing the transfer of $8 million in cryptocurrency. Looking closer, market participants highlight key drivers…
AI deepfake election ad in Minnesota raises transparency concerns
In recent developments, a deepfake campaign attack ad in the US state of Minnesota has raised questions around the ethics of using AI in political ads and the regulations surround…
Kalshi Sues Minnesota to Block First US Felony Ban on Prediction Markets
In recent developments, prediction market platform Kalshi has filed a federal lawsuit to block a first-in-the-nation Minnesota law that would make operating or advertising prediction markets a felony, escalating a…
Kalshi Sues to Stop Minnesota From Enforcing America’s First Prediction Mar…
In recent developments, prediction market giant Kalshi has asked a federal judge to prevent Minnesota from allowing the ban to go into effect in August. Looking closer, market participants highlight…
Prediction markets legal battles heat up in Minnesota, Rhode Island
In recent developments, kalshi sued Minnesota while the CFTC filed against Rhode Island as legal wrangling with state-level authorities seems likely headed to the US Supreme Court. Looking closer, market…
CFTC sues Minnesota, Governor Tim Walz over prediction markets ban
In recent developments, about 24 hours after Minnesota Governor Tim Walz signed a bill into law passed by the state’s legislature to effectively ban prediction markets in the state, the…
Minnesota Bans Prediction Markets—And Is Sued By the Trump Admin Hours Later
In recent developments, minnesota’s ban has made it a felony to create or operate a prediction market in the state. The CFTC and DOJ say it violates federal law. Looking…
Minnesota legalizes crypto custody services for banks, credit unions
In recent developments, minnesota-based banking institutions and credit unions will be authorized to provide digital asset custody services in a nonfiduciary capacity as of Aug. 1. Looking closer, market participants…
Gov. Walz Signs Bitcoin Custody Bill, Letting Minnesota Banks Hold Crypto Aug. 1
In recent developments, minnesota Gov. Tim Walz signed HF 3709 into law this past week, authorizing state-chartered banks and credit unions to hold bitcoin and other virtual currencies on behalf…
