Kalshi Ordered to Temporarily Stop Operations in Nevada
In recent developments, a State Judge signed a restraining order barring the company from offering some kinds of prediction market contracts in the state, as the battle between state and…
Kansas Lawmakers Propose State-Run Bitcoin and Digital Assets Reserve Fund
In recent developments, the proposal seeks to place abandoned digital assets under state custody, allowing staking rewards to flow into a reserve fund. Looking closer, market participants highlight key drivers…
Kansas bill would create state-managed Bitcoin and digital assets reserve
In recent developments, the proposal would fund the reserve with unclaimed crypto and staking rewards rather than direct state Bitcoin purchases. Looking closer, market participants highlight key drivers such as…
State Street rolls out new crypto tokenization tools
In recent developments, state Street said its new crypto platform would help clients build tokenized money market funds, exchange-traded funds, and products such as tokenized deposits and stablecoins. Looking closer,…
Report: Boston-Based TradFi Giant State Street to Roll out Tokenized Products
In recent developments, state Street Corp., a massive Boston-based custody bank overseeing more than $4 trillion in assets, is stepping further into digital assets with plans to roll out a…
West Virginia lawmaker introduces bill to allow state crypto investments
In recent developments, the legislation would allow the state‘s treasury to hold digital assets with a market capitalization of more than $750 billion, which applied only to Bitcoin as of…
Wyoming rolls out state-backed FRNT stablecoin to the public
In recent developments, wyoming’s Frontier Stable Token (FRNT) is “the first fiat-backed, fully-reserved stable token” to be issued by a US public entity, says state Governor Mark Gordon. Looking closer,…
Wyoming Launches FRNT, the First US State-Issued Blockchain Stable Token
In recent developments, wyoming has launched FRNT, the Frontier Stable Token, marking the first blockchain-based asset issued and backed by a U.S. state. Wyoming Stable Token Act Delivers First Live…
Washington’s new crypto bill would strip states of power – legally bans o…
In recent developments, washington is about to take a serious swing at crypto’s most stubborn problem: who, exactly, is supposed to police the market when a token trades like a…
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.…
Kalshi Ordered to Temporarily Stop Operations in Nevada
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