In short Kalshi unveiled Americans for Fair Markets (AFM), a “well-capitalized” advocacy group designed to lobby on Capitol Hill. The AFM has …
Congress
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Markets
Congress hits Polymarket and Kalshi with a massive insider trading probe
by shayaanby shayaanRep. James Comer is demanding internal records from the prediction market CEOs, warning that government employees could be using classified information to …
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Markets
Crypto prediction markets are turning into dangerous national security risks, and Congress wants to ban them
by shayaanby shayaanBubblemaps investigators led by Nicolas Vaiman, discovered 80 bets on Polymarket with a 98% win rate that he said is statistically impossible …
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Markets
XRP beat bitcoin gains as CLARITY Act advanced, but a real bullrun still needs Congress
by shayaanby shayaanThe token jumped 5% after a Senate committee moved the market-structure bill forward, reviving hopes that legal clarity can pull deeper institutional …
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Regulation
Clarity Act clears U.S. Senate committee, on its way to a final test in Congress
by shayaanby shayaanThe crypto industry’s primary goal in Washington has taken a major step forward, with the passage of the Digital Asset Market Clarity …
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Finance
OpenAI’s IPO faces scrutiny as Congress probes Sam Altman’s investments
by shayaanby shayaanSam Altman now faces investigations from both Congress and multiple state attorneys general over his personal investment portfolio, a probe that lands …
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Regulation
Michael Saylor Says the Transparency Act in the US Congress Will Positively Impact Bitcoin! Here Are the Details
by shayaanby shayaanMichael Saylor said that the “CLARITY Act” bill, currently underway in the US Congress, could usher in a new era in digital …
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Regulation
Senator Lummis Puts Congress On The Clock, Vows May Push To Rescue Stalled Clarity Act
by shayaanby shayaanSpeaking at The Bitcoin Conference U.S. Senator Cynthia Lummis opened her keynote by recalling her first encounter with Bitcoin, describing it as …
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Under the 2012 STOCK (Stop Trading on Congressional Knowledge) Act, congressional members and other government employees are mandated to report stocks, bonds, …
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Regulation
Congress on verge of making regulated dollar stablecoins act almost like digital cash
by shayaanby shayaanWashington isn’t trying to solve every crypto policy fight at once, but it appears to be carving out a workable path for …