Crypto industry looks to stablecoins and DeFi revisions in MiCA 2.0
The European Commission is seeking comment on how it can tweak MiCA, its regulatory framework for the crypto and blockchain industries. Go to Source
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Crypto industry looks to stablecoins and DeFi revisions in MiCA 2.0
The European Commission is seeking comment on how it can tweak MiCA, its regulatory framework for the crypto and blockchain industries. Go to Source
Republican lawmaker proposes prediction markets insider trading ban, not including White House officials
The bill did not specifically bar members of the US Congress from using the platforms or making sports bets, but prohibited policy wagers. Go to Source
Kalshi in early IPO talks with investment banks: Report
The prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sports contracts face mounting legal scrutiny. Go to Source
US regulators push user ID requirements for stablecoin issuers akin to regulated banks
The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms. Go to Source
CME Group sues CFTC over crypto perpetual futures
The lawsuit targets the federal regulator and Chair Michael Selig, alleging that the Commodity Futures Trading Commissioin is treating cryptocurrency “futures” as “swaps,” posing risks to derivatives markets. Go to Source
Gaming groups urge Congress to ban prediction markets sports betting in CLARITY Act
Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets. Go to Source
US lawmakers warn against presidential pardon for Sam Bankman-Fried
The former FTX CEO is currently serving a 25-year sentence after being found guilty on seven felony charges related to the misuse of customer funds. Go to Source
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.” Go to Source
Coinbase Pressures Congress With 6 Priorities to Reform Crypto Law
Coinbase is urging Congress to act fast, outlining six priorities to fix broken crypto laws, protect consumers, and stop blockchain innovation from fleeing overseas. 6 Priorities Coinbase Is Pushing to Fix America’s Broken Crypto Law Crypto exchange Coinbase (Nasdaq: COIN) is urging Congress to take action on crypto regulation, outlining six “key legislative priorities” needed … Read more