Prediction Market Fight Deepens as 40 States Push Back on CFTC
Key TakeawaysStates argued sports-related prediction markets function as wagers, not federally regulated derivatives.Kalshi court wins have...
Circle Urges OCC to Finalize Strong GENIUS Act Stablecoin Rules
Key TakeawaysCircle supported OCC rules for payment stablecoins under a national licensing framework.Uniform standards could reduce...
OpenTrade Raises $17 Million to Expand Stablecoin Yield Platform
OpenTrade, an institutional-grade platform for onchain and real-world asset (RWA)-backed lending and stablecoin yield products, has...
Banks Reject Stablecoin Yield Compromise, Demanding Stricter Crypto Limits
Key Takeaways: Rejecting the Digital Asset Market Clarity Act over a rule, banks seek to prevent...
Circle Stock Jumps 20% to $119.53 as Tillis Deal Pushes Clarity Act Forward
Key Takeaways Tillis and Alsobrooks reached a May 4 deal to ban stablecoin rewards functioning like...
Bullish to Acquire Equiniti for $4.2B in Tokenization Push
Bullish agreed to acquire transfer agent Equiniti from Siris Capital in a $4.2 billion transaction, giving...
South Korea Crypto Industry Pushes Back on AML Rule
South Korea’s crypto industry has reportedly warned that proposed Anti-Money Laundering (AML) rule changes could create...
Stefan Muehlbauer Warns DOJ Indictments End ‘Safe Zone’ as US Army Sergeant Case Expands Risk
Key Takeaways: The DOJ charged Army Sgt. Van Dyke for using classified data to net over...
Coinbase backs Kemet to expand institutional access to derivatives markets
Coinbase has partnered with Kemet to expand institutional access to its trading venues, adding Coinbase Exchange,...
GameStop Proposes $55B eBay Takeover Deal
GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the...
CFTC Gets Mixed Responses to Prediction Market Rulemaking
The US Commodity Futures Trading Commission received more than 1,500 responses to a proposed rule tied...
NY Forces Uphold to Pay $5M Over Fraudulent Crypto Product
New York Attorney General Letitia James has secured more than $5 million from cryptocurrency platform Uphold...
Crypto, AI Super PACs Flood Midterms As Poll Finds Most Americans Distrust Both Industries
Crypto and AI industry groups are pumping tens of millions of dollars into the 2026 midterm...
OCC Stablecoin Yield Ban Could Hit Distribution Partners, Consensys Says
Key Takeaways: Stablecoins face disruption as OCC rules may expand yield limits to third-party partners. Consensys...
US Senate Bans Members, Staff from Prediction Markets
The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are...
A16z Backs CFTC in Fight Against State Prediction Market Bans
A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state...
SBI Group, Visa Launch Crypto Card With up to 10% BTC, ETH, XRP Promo Rewards
Key Takeaways: SBI and Visa launched credit cards that convert spending points into a user-selected cryptocurrency...
Brazil Bans Crypto in Cross-Border Payments
Central Bank of Brazil Issues Ban on Crypto Utilization As Part of Regulated Cross-Border Settlement System...
Spirit Airlines stock collapses on shutdown fears as Trump’s bailout talk fails to get off ground
Spirit Airlines stock (FLYYQ) plummeted over 70% Friday as the ultra-low-cost carrier edged toward its final...
SBI to Make Bitbank a Subsidiary in Japan Crypto Consolidation Push
Tokyo-based SBI Holdings has opened talks to acquire shares in cryptocurrency exchange Bitbank and make it...
28,000 Americans Sign Petition Urging Senate CLARITY Act Markup
Key Takeaways: Stand With Crypto delivered a petition urging Senate action on the CLARITY Act. Supporters...
Twenty One Shares Rise on Tether’s 3-Way Merger Proposal
Shares in the Bitcoin-buying company Twenty One Capital climbed in after-hours trading on Wednesday after its...
