The commission’s Oct. 2 letter, addressed to PM US Tech (QC Tech LLC), demanded that Polymarket immediately stop offering or facilitating sports-event …
Block
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Regulation
South Korea moves to block 27 crypto websites, including KuCoin, MEXC
by shayaanby shayaan“With this decision, blocking measures against illegal virtual asset operators will also apply to internet websites, following apps such as those on …
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Markets
Ethereum’s Glamsterdam test runs near 200 million gas per block after upgrade
by shayaanby shayaanThe Sepolia rehearsal has raised its processing budget more than threefold, but sampled blocks used less than half that allowance. www.coindesk.com
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Scams
Banking Group Sues to Block Crypto’s ‘Side Door’ Into the Banking System
by shayaanby shayaanIn brief The Independent Community Bankers of America sued the OCC in D.C. federal court, challenging its authority to grant national trust …
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Senator Cynthia Lummis is intensifying her efforts to pass the Digital Asset Market CLARITY Act, which aims to provide essential consumer protections …
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Scams
Solana’s Heartbeat Quickens: Block Times Fall 17% in Latest Speed Upgrade
by shayaanby shayaanIn brief Solana’s target slot time—the window a validator gets to produce a block—dropped from 300 milliseconds to 250 on Friday, the …
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Markets
ECB President Christine Lagarde intervened to block Binance’s EU MiCA license: WSJ
by shayaanby shayaanAlthough the ECB holds no formal licensing authority under MiCA, high-level intervention led Greece to stall an application that regulators had previously …
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Regulation
Thailand’s stablecoin proposal would block transfers to other people’s wallets
by shayaanby shayaanThailand’s Securities and Exchange Commission has proposed a same-owner requirement for stablecoin transfers that would sharply narrow how customers can move tokens …
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Block said on Sept. 8 that it applied to the U.S. Office of the Comptroller of the Currency to establish Builders Bank …
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Finance
Cathie Wood Buys $82M of Rocket Lab and Block as ARK Rotates Out of Palantir
by shayaanby shayaanCathie Wood is using the latest growth-stock pullback to make a concentrated bet on two very different parts of the innovation trade. …