Kalshi Preemptively Sues Iowa to Defend Sports Contracts
Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a...
Business
OP Labs cuts 20 employees as Ethereum L2 developer narrows strategic focus
OP Labs, the development company behind the Ethereum layer 2 network Optimism, has let go of 20 employees as part...
Bank of England Signals Flexibility on Sterling Stablecoin Holding Limits
Bank of England Deputy Governor Sarah Breeden told UK lawmakers that the central bank is open to alternative ways to...
Ghana Lets 11 Crypto Companies Participate in Sandbox
Ghana’s securities regulator has given the nod to 11 crypto trading platforms to participate in its new regulatory sandbox program,...
Binance.US Hires Compliance Lawyer as New CEO
Stephen Gregory, a former compliance executive at CEX.IO and Gemini, has taken over as CEO of Binance.US, a crypto exchange...
FDIC Chair Says no Deposit Insurance for Stablecoins under GENIUS Act
Travis Hill, chair of the US Federal Deposit Insurance Corporation (FDIC), confirmed that, in his opinion, a law passed in...
Ripple Labs launches $750M share buyback, valuing firm at $50B
Ripple Labs has launched a share buyback program that would value the company at roughly $50 billion, reinforcing its position...
Papa John’s weighs $1.5 billion takeover offer from Irth Capital, stock jumps 20%
A Qatari-backed fund has made a $47-per-share offer to acquire Papa John’s and take the company private, The Wall Street...
ECB Launches Appia Project to Shape Tokenized Markets
The European Central Bank (ECB) on Wednesday published its Appia roadmap, setting out a long-term plan for building tokenized wholesale...
Senator Introduces ‘DEATH BETS’ Act Against War-Linked Prediction Markets
US Democratic Party Senator Adam Schiff introduced legislation Tuesday that would explicitly bar federally regulated prediction-market platforms from listing contracts...
Wells Fargo files “WFUSD” trademark, signaling launch of dollar-backed stablecoin
Wells Fargo has filed a trademark application for “WFUSD,” signaling the bank’s plans to enter the growing stablecoin market, according...
DOJ Investigates Iran’s Use of Binance to Evade US sanctions: WSJ
The Department of Justice is investigating Iran’s use of Binance for alleged sanctions evasion after the exchange repeatedly denied wrongdoing.The...
Brera to Wind Down Soccer Teams as it Pivots to Solana Infrastructure
Brera Holdings’ board has approved a plan to shift the Nasdaq-listed company toward Solana infrastructure and treasury operations, while shutting...
Aave Founder Says DAOs Must Evolve
Stani Kulechov, the founder of decentralized lending platform Aave, says decentralized autonomous organizations (DAOs) need a rethink, namely, how much...
Crypto Bill Can Advance, but Lobbyists Will Be Unhappy: Senator
A US Senate Democrat says crypto and banking lobbies will both have to accept compromises amid a new proposal to...
Crypto is Just Finance on Different Infrastructure: ASIC
Blockchain and crypto are technologies performing the same functions as existing financial infrastructure, so they shouldn’t be treated as separate...
Ripple to acquire BC Payments to accelerate growth in APAC region
Ripple has announced plans to secure an Australian Financial Services License (AFSL) through the proposed acquisition of BC Payments, the...
SEC Chair Pushes SEC-CFTC Regulatory Harmonization
U.S. regulators are moving to align oversight of securities and derivatives markets as SEC Chairman Paul Atkins pushes a coordinated...
Kalshi Suffers Court Loss in Ohio over Sports Betting Lawsuit
The prediction markets platform argued for an injunction against Ohio authorities, claiming that federal commodities laws superseded state laws on...
CFTC Chair Backs Blockchain-Powered Prediction Markets Despite Pushback
US Commodity Futures Trading Commission (CFTC) Chair Michael Selig has voiced support for prediction markets paired with blockchain technology, claiming...
Republicans Could Hold Up Housing Bill Over CBDC Ban
Republicans in the US Congress want to ban any possibility of a central bank digital currency (CBDC). To do so,...
SEC Chair Calls for ‘Coordinated Oversight‘ Between US Financial Agencies
Paul Atkins, chair of the US Securities and Exchange Commission (SEC), said that an agreement with the Commodity Futures Trading...
