Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Purview
In brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket.The…
Category: Legal
Ryan Salame’s wife to face charges over FTX-funded congressional run
Michelle Bond, the wife of former FTX executive Ryan Salame, will face illicit campaign finance charges after a judge rejected…
Italy’s Conio receives MiCAR licence ahead of EU crypto deadline
Italy-based fintech Conio has received authorization to operate as a crypto-asset service provider under the European Union’s MiCAR framework, becoming…
U.S. Regulators Have 35 Days to Finalize Stablecoin Framework Under GENIUS Act
Six federal agencies in the United States now have just 35 days to finalize new Stablecoin rules required by the…
Breaking: CFTC’s Mike Selig Confirms More Crypto Products as CME Plans to Sue Regulator
CFTC Chairman Mike Selig has signaled a major push to expand crypto derivatives and other products in the U.S., emphasizing…
Fed, FinCEN, and other regulators propose bank-like identification standards for stablecoin issuers
The Federal Reserve is seeking feedback on a proposal that would mandate effective customer identification programs for certain payment stablecoin…
Jerome Powell Supports Fed’s New Stablecoin Policies—But Chair Kevin Warsh Abstains
In brief The Federal Reserve proposed new rules requiring U.S. crypto firms to verify stablecoin users.Former Fed Chair Jerome Powell…
Ireland Tightens Crypto Safeguards in New Financial Crime Action Plan
In brief Ireland’s government launched a new National Risk Assessment and 30-point action plan Thursday, naming the misuse of crypto-assets…
U.S. agencies seek stablecoin customer-ID rules akin to banks in new GENIUS Act rule
The U.S. Federal Reserve, Treasury Department and other financial regulators are pushing a new stablecoin rule that treats issuers like…
CLARITY Act To Reach Finish Line By July 4, US Senator Says
Senator Bill Hagerty said the U.S. Senate could be set to pass the CLARITY Act prior to the July 4…