The OCC’s proposal’s stablecoin yield procedures are the most ambiguous in that rulemaking plan. www.coindesk.com
State
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Finance
Inside France’s strict rules for selling majority stake of its state energy cloud to U.S. bitcoin miner
by shayaanby shayaanFrance has approved the sale of a majority stake in a key data center unit of state-owned ElectricitĂ© de France (EDF) to …
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Scams
After State Lawsuit Losing Streak, Kalshi Nabs Victory in Tennessee—This Could Be Why
by shayaanby shayaanIn brief Kalshi won a preliminary injunction in Tennessee, but this conflicts with recent rulings in Nevada, Maryland, and Massachusetts, where judges …
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Markets
Hong Kong is trying to build up its crypto regulations: State of Crypto
by shayaanby shayaanSeveral leaders in Hong Kong announced efforts to advance the region’s regulatory environment. www.coindesk.com
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Finance
State Street warns dollar could fall 10% if Fed cuts more than expected
by shayaanby shayaanStrategists at State Street, one of the world’s largest asset managers, say the US dollar’s worst run in nearly a decade could …
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The CoinDesk crew is back in Hong Kong, with policymakers and policy-users alike. www.coindesk.com
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Scams
Nevada Moves to Bar Coinbase’s Prediction Markets Without State Gaming License
by shayaanby shayaanIn brief The Nevada Gaming Control Board has filed a complaint seeking to stop Coinbase from offering event contracts on sports and …
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Regulation
Kalshi Banned From Operating in State of Massachusetts After Judge Ruling: Report
by shayaanby shayaanA judge reportedly said that he will issue a preliminary injunction prohibiting the online market prediction platform Kaishi from operating in the …
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Adoption
North Carolina becomes 20th US state to introduce legislation for a Bitcoin reserve
by shayaanby shayaanNorth Carolina lawmakers have introduced a bill allowing the state treasurer to invest up to 10% in Bitcoin (BTC) and other qualifying …
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Markets
As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray
by shayaanby shayaanAs Utah became the first state to get a bill through a legislative chamber that would allow the investment of public money …