Eight banking groups on Monday said they want tighter limits on stablecoin rewards, keeping the ongoing banks-versus-crypto dispute alive in Congress. www.coindesk.com
Fight
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In brief The Senate is scheduled to hold a procedural vote on the Clarity Act on September 15. Stand With Crypto says …
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The CLARITY Act has moved closer to defeat ahead of its Sept. 15 Senate vote as lawmakers remain divided over presidential ethics …
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Markets
Robinhood’s CEO Vlad Tenev fires back at AMC CEO in escalating fight over stock tokens
by shayaanby shayaanTenev told CNBC’s “Squawk Box” on Wednesday that public companies shouldn’t have veto power over third-party securities that reference their shares. www.coindesk.com
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The SOL price has enjoyed a strong recovery, but a corporate treasury dispute could complicate the rally. SkyAI, formerly Sharps Technology, holds …
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Regulation
AfD state-election win raises pressure on Germany’s Bitcoin tax fight
by shayaanby shayaanThe crypto-tax discussion in Germany has become significantly more political. The right-wing party Alternative for Germany (AfD), which has made headlines with …
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Regulation
Federal Courts Now Disagree on Kalshi’s Sports Contracts. New Jersey Wants the Supreme Court to Settle the Fight
by shayaanby shayaanIt is the first time either side of the dispute has asked the justices to step in, and the timing is not …
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Regulation
Robinhood defies AMC as fight tests issuer control over stock tokens
by shayaanby shayaanRobinhood has turned down AMC Entertainment’s request to stop trading in blockchain-linked tokens related to the movie theater company’s stock. This has …
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The differing positions of these giants are now public as the U.S. Securities and Exchange Commission (SEC) published responses to its request …
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Markets
Connecticut's new lawsuit against Kalshi piles on to prediction market legal fight
by shayaanby shayaanThe courtroom combat across state and federal courts is so far producing roughly split outcomes, suggesting a big job may be coming …