Polymarket and Kalshi are trying to raise money at valuations that put them in the top tier of consumer-fintech names, even as …
crackdown
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Regulation
The CFTC starts crackdown on the growing insider problem in prediction markets
by shayaanby shayaanOn Mar. 12, the Commodity Futures Trading Commission (CFTC) issued a staff advisory telling exchanges to tighten surveillance on event contracts. Simultaneously, …
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Mining
Bitcoin Difficulty Logs 11.16% Reduction, Largest Drop Since China’s 2021 Mining Crackdown
by shayaanby shayaanThis weekend, the Bitcoin network logged its steepest difficulty cut since July 3, 2021—a moment that followed China’s sweeping ban on mining …
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Regulation
Rep. Hill Slams Gensler’s Crypto Crackdown, Outlines Goals with Crypto Czar
by shayaanby shayaanThe cryptocurrency market is thriving, with Bitcoin soaring to new heights and the overall market cap surpassing $3 trillion. However, despite the …
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Regulation
Kraken Announces New Onchain Crypto Staking Program for US Clients Two Years After SEC Crackdown
by shayaanby shayaanOne of the top US-based crypto exchanges is launching a revamped crypto staking program two years after the U.S. Securities and Exchange …
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Regulation
Only 54% of illegal crypto ads in UK removed despite FCA crackdown: report
by shayaanby shayaanIllegal crypto ads remain widespread as the FCA struggles to crack down, data shows. The British Financial Conduct Authority has failed to …
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Finance
FSA in secret crypto crackdown talks as Trump hype and Japan investment skyrockets
by shayaanby shayaanJapan’s Yomiuri Shimbun reported Saturday that the Financial Services Agency (FSA) is holding closed talks with “experts” about cracking down on Bitcoin …
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In recent years, the United States Attorney’s Office for the Southern District of New York (SDNY) has been one of the toughest …
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Regulation
Polygon’s Sandeep Nailwal warns memecoin rug pulls like QUANT may invite regulatory crackdown
by shayaanby shayaanSandeep Nailwal, the Ethereum layer-2 network Polygon co-founder, has voiced concerns that the growing trend of memecoin scams could attract regulatory scrutiny. …
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Regulation
Netherlands seeks public input on crypto tax regulations amid EU-wide crackdown
by shayaanby shayaanThe Netherlands has started a public consultation process to gather views on proposed regulations for crypto ownership and taxation, according to an …