Congress Targets Crypto Prediction Markets With 4 Bills Banning War And Assas...
Crypto prediction platform Polymarket and derivatives exchange Kalshi were closing in on $20 billion valuations when the US Congress decided it had seen enough. Related Reading: Crypto Power Move: Bitmine Ramps Up Ethereum Buys To 4.6M ETH A Bill Targeting Crypto And A Very Long Acronym Senator Chris Murphy of Connecticut and Rep. Greg Casar […]
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Peter Brandt thinks the crypto market has not hit bottom yet. If he is right, the Algorand Foundation’s decision to cut 25% of its staff may be just one of many similar moves still to come across the industry. Related Reading: Congress Targets Crypto Prediction Markets With 4 Bills Banning War And Assassination Bets A […]
Two different acts banning congressional staff, members of congress and federal officials from trading on prediction markets were introduced on Wednesday, March 25, one of them being effective immediately. Related Reading: Nvidia Lands In Court Over Crypto Secret — Here Is What Investors Missed Massachusetts Bans Crypto Prediction Market Washington’s battle against prediction markets rages […]
A Democratic U.S. Senator from California is introducing new legislation targeting crypto‑driven prediction markets An Act Against Death On March 10, Democrat U.S. Senator Adam Schiff (California) and Representative Mike Levin (CA-49) introduced the DEATH BETS Act, a bill aimed explicitly at banning prediction market contracts tied to terrorism, assassination, war or an individual’s death […]
Jason Brett, the former FDIC regulator, argues that U.S. lawmakers now focus on regulating cryptocurrency assets. As a result, they have drifted away from individual stable coins this year. The U.S.Congress seems to push for higher regulatory clarity as regards cryptocurrency assets. Congress has proposed a total of 18 bills relating to cryptocurrency and blockchain […]
Three different bills have been introduced in the U.S. this year to empower the Commodity Futures Trading Commission (CFTC) to be the primary regulator of the crypto spot markets.
Lawmakers Want CFTC to Be Primary Regulator of Crypto Spot Markets
Three bills have been introduced in Congress so far this year to make the Commodity Futures Trading Commission (CFTC) the primary regulator for crypto spot markets.
Noting that there has been a longtime debate as to whether the Securities and Exchange Commission (SEC) or the CFTC should be the primary regulator of the crypto....