Lummis Says CLARITY Act Offers Strong DeFi Protections
US Senator Cynthia Lummis said crypto developer protections in the CLARITY Act will be the strongest to date, dismissing claims over concerns that they may not be adequate.
Tag: Regulation
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California Governor Newsom Signs Prediction Market Insider Trading Order
California Governor Gavin Newsom has signed an executive order banning appointees of the governor from insider trading on prediction market platforms.
Detroit Set to Enter Michigan‘s Battle against Coinbase Prediction Markets
As Coinbase continues with its lawsuits against gaming authorities in Michigan, Illinois and Connecticut, the city of Detroit said it would file an amicus brief relat
US Lawmakers Publish Competing Crypto Tax Bill Proposal
US lawmakers published an early draft proposal to overhaul the US tax code, closing loopholes introduced by crypto, drawing mixed reactions from crypto execs.
Australia Court Fines Binance $6.9 Million over Client Onboarding Failures
Binance Australia Derivatives was fined $6.9 million for onboarding failures that exposed 524 retail investors to crypto trading losses.
Judge Blocks Pentagon’s Anthropic Supply Chain Designation
A California judge blocked the Pentagon's Anthropic ban, ruling the supply chain risk designation was arbitrary and capricious.
Bill Proposes To Stop Government Officials Betting on Prediction Markets
A group of senators has introduced a bill prohibiting government officials from using nonpublic information to bet on prediction market contracts, with fines up to double the amount of profits.
David Sacks Wraps Up Crypto and AI Czar, Takes on...
David Sacks has finished his 130-day term as the White House’s crypto and AI czar but is taking on a similar role as co-chair of the President’s Council of Advisors...
Treasury Plans to Add Donald Trump’s Signature to US Currency
US Treasury Secretary Scott Bessent confirmed the sitting president's signature will appear on future US notes alongside his own, breaking over more than a century and a half of tradition.
SEC is No Longer a ‘Cop on the Beat‘ for...
Digital asset subcommittee ranking member Stephen Lynch called out the SEC under the Trump administration for dismantling the agency’s efforts to regulate crypto.
Japan‘s Financial Watchdog Flags KuCoin for OTC Derivatives Transactions
The FSA notice against four crypto-related platforms came as the financial watchdog prepares to shift the legal framework under which digital assets are regulated in Japan.
CFTC’s Selig Points to Blockchain as Tool for AI Content...
CFTC Chair Mike Selig says blockchain could help distinguish real from AI-generated content, as regulators weigh how to approach AI agents and market risks.
