US and SEC back crypto sales suit against Nvidia in Supreme Court
The DOJ and the SEC say they have “strong interest” in the case and argue that the class-action suit should proceed. Go to Source
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China’s Former Vice Minister of Finance Calls for Research on Crypto as US Policy Pivots
Zhu Guangyao, China’s former vice minister of Finance, has called on the country to continue researching crypto as the US changes its attitude towards the asset class. During the 2024 Tsinghua PBOC Chief Economist Forum, Guangyao stated that crypto should be studied “because it is a crucial aspect of the development of the digital economy.” … Read more
Will Trump pardon SBF? 6 weird Polymarket betting pools on US politics
As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come. Go to Source
Judges quiz CFTC, Kalshi over US election markets offering
US appeals court judges peppered the CFTC and betting platform Kalshi’s lawyers with questions as the regulator bids to overturn a lower court’s decision allowing election markets. Go to Source
US lawmakers urge top crypto ATM operators to tackle fraud
Seven Democratic US Senators have sent letters to ten of the country’s biggest Bitcoin ATM operators urging them to address fraud against elderly Americans. Go to Source
Circle predicts stablecoins will become mainstream global payment method
Stablecoin issuer Circle expects internet payment firms and other financial services companies will attempt to enter or expand in the space. Go to Source
Crypto may swing election in battleground states — law professor
According to a 2024 analysis by the Federal Reserve, 7% of adults in the United States currently hold or have used crypto in the past. Go to Source
North Carolina resists the CBDC tide with new payments ban
A new law in North Carolina seeks to ban CBDCs in the state, but there are questions about whether the new legislation is even legal. Go to Source
Rare Ape CryptoPunk sells for $1.5M, Magic Eden dominates NFT trading volume: Nifty Newsletter
A group of blockchain advocates urged the United States Congress to clearly define NFTs in response to the SEC Wells notice to OpenSea. Go to Source
US, Nigeria Convene AI Conference to Promote Inclusive Tech Adoption
The U.S. and Nigeria will host a pan-African Artificial Intelligence (AI) conference in Lagos from September 10-11. The conference will bring together government officials, tech leaders, and civil society to discuss the opportunities and challenges of AI development and use. Participants will work to identify and harmonize tech governance strategies to ensure AI is adopted … Read more
