US arbitration giant rolls out ‘legal layer’ for agentic commerce
As agentic AI transactions increase, “we need to know there’s a clear answer to what happens if something goes wrong,” said Mance Harmon, co-founder of Hedera. Go to Source
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House Democrats seek SEC answers on AI investment advisors
House Democrats have questioned the SEC over trading platforms offering AI agent advisers making “consequential investment decisions on behalf of retail investors.” Go to Source
Abracadabra takes emergency action as MIM stablecoin depeg worsens
The protocol is raising interest rates across all Cauldrons to encourage debt repayment and reduce supply. Go to Source
Kalshi seeks funding at $40B valuation, nearly doubling last raise: FT
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets. Go to Source
FTX exec’s wife scheduled for November trial on campaign finance charges
A Manhattan judge ordered that Michelle Bond’s criminal trial start in November after he denied a motion to dismiss the indictment based on claims that prosecutors misled her husband over her charges. Go to Source
Kalshi sues Illinois officials over prediction markets restrictions
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1. Go to Source
Crypto-backed candidates notch wins in three US state primaries
The crypto-aligned Fairshake PAC and its affiliates spent a combined $8 million on media to support candidates in Maryland, New York and Utah amid pushback from many criticizing “crypto billionaires.” Go to Source
Credit unions managing $25B in assets join stablecoin infrastructure program
A new pilot from Stablecore, Circuit and Curql gives participating US credit unions access to test stablecoin payments and other digital asset services. Go to Source
Trump cancels signing of housing bill with CBDC ban
The 21st Century ROAD to Housing Act included a provision that the US Federal Reserve was barred from issuing or creating a CBDC until 2030, but exempted certain stablecoins. Go to Source
Binance withdraws Greece-filed MiCA application.
Binance said it plans to seek authorization in another EU jurisdiction just days ahead of the July 1 MiCA deadline, as unlicensed crypto firms are expected to wind down activities in the bloc. Go to Source