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Ukraine has blocked access to the prediction market platform Polymarket, classifying its activities as unlicensed gambling under national law. The decision was issued by the National Commission for the Regulation of Electronic Communications (NCEC) on […]
Nigeria is rolling out a new approach to cryptocurrency oversight that relies on tax and identity systems rather than blockchain surveillance, as part of a sweeping reform of its tax regime. Under its newly implemented […]
Major US cryptocurrency exchange Kraken is backing a new special purpose acquisition company (SPAC) that plans to go public through a Kraken-affiliated sponsor. KrakAcquisition, a new blank check company backed by Kraken, Tribe Capital and […]
A new US Senate CLARITY Act draft allows crypto companies to offer activity-based rewards to stablecoin users. The proposal, titled the Digital Asset Market Clarity Act, reveals that certain rewards and incentives tied to the […]
A Tennessee federal judge has temporarily stopped state regulators from taking action against the prediction markets platform Kalshi, which had sued the state after being ordered to cease offering sports event contracts. In an order […]
Bitwise chief investment officer Matt Hougan has slammed the idea that Bitcoin shouldn’t be used for investment and 401(k)s because of its volatility — arguing that some stocks are also prone to even larger price […]
The US banking industry has been pushing “myths” about stablecoin yields to protect itself, and Congress should prioritize consumers rather than highly profitable banks, argues crypto lecturer and author Omid Malekan. “I am disappointed that […]
US Senators Cynthia Lummis and Ron Wyden have introduced standalone legislation to ensure that blockchain developers and service providers who don’t directly handle user funds are exempt from money transmitter regulations. The Blockchain Regulatory Certainty […]
The US Senate Agriculture Committee has pushed its markup of the crypto market structure bill to the end of January, saying it needs more time to garner support for the legislation. Committee Chairman John Boozman […]
Paul Atkins, chair of the US Securities and Exchange Commission (SEC), didn’t rule out the possibility of authorities seizing Venezuela’s reported Bitcoin holdings after US forces unseated and captured the country’s president. In a Monday […]
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