The Washington state attorney general alleged Kalshi offers “gambling products” products dressed up as prediction markets in a lawsuit Friday. www.coindesk.com
Washington
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Regulation
Why a quiet but important power shift is happening in Washington around crypto
by shayaanby shayaanOn Mar. 24, the Commodity Futures Trading Commission (CFTC) launched its Innovation Task Force, tasked with developing frameworks for crypto assets, blockchain …
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Regulation
$700M in Iran war bets and $1.2M in suspicious profits push Washington toward prediction-market crackdown
by shayaanby shayaanPolymarket and Kalshi are trying to raise money at valuations that put them in the top tier of consumer-fintech names, even as …
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Yield-bearing stablecoins are growing faster than the broader stablecoin market, according to Messari, as Washington remains divided over how crypto-linked yield should …
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Regulation
“Disgrace” or “Win for American Wallets”? Supreme Court Tariff Bombshell Sparks Political Meltdown in Washington
by shayaanby shayaanWashington erupted in political crossfire Friday after the Supreme Court of the United States struck down President Donald Trump’s sweeping global tariffs. …
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Regulation
Crypto industry faces uncharted waters in Washington as pro-crypto administration takes shape
by shayaanby shayaanAs we enter the new year, cryptocurrency has been enjoying a thriving environment, with every angle turning out in its favor. From …
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Regulation
US crypto industry expects friendlier Washington, whoever wins White House
by shayaanby shayaanOct 31 (Reuters) – The cryptocurrency industry has spent years clashing with Democratic President Joe Biden’s administration over regulatory issues, but executives …