In brief Indonesian authorities blocked Polymarket on Friday, citing violations of local gambling laws. The ministry is tracing affiliated social media accounts …
Departure
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Regulation
Labor Secretary Lori Chavez-DeRemer Resigns, Becomes Trump’s Third Cabinet Departure
by shayaanby shayaanUS Labor Secretary Lori Chavez-DeRemer has resigned from the Trump administration amid an active inspector general investigation into misconduct allegations, making her …
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Prediction market platform Kalshi faces a proposed class action from traders who say the exchange should have paid out bets tied to …
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Analysis
Billionaire Warren Buffett Dumps $4,570,000,000 Stake in Bank of America and Amazon, Buys New Assets Ahead of Departure
by shayaanby shayaanWarren Buffett sold billions of dollars of exposure to Bank of America (BAC) and Amazon (AMZN) in his final quarter as Berkshire Hathaway’s …
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Regulation
VanEck and Others File for Crypto-Related ETFs As Issuers Anticipate Departure of SEC Chair Gary Gensler: Report
by shayaanby shayaanSeveral financial giants are reportedly filing for crypto-related exchange-traded funds (ETFs) as they anticipate the departure of Gary Gensler, the chair of …
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Canadian Prime Minister Justin Trudeau’s announcement on Monday that he’s stepping down could clear a path for a less crypto-resistant government there, …
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Regulation
Trump To Quickly Replace Gary Gensler After SEC Chair Announces Departure
by shayaanby shayaanU.S. Securities and Exchange Commission (SEC) chair Gary Gensler is leaving the regulatory agency after nearly four years in office, paving the …