Government Defeated as Lords Back UK Digital Assets Strategy
The UK government suffered a defeat in the House of Lords on Wednesday as peers backed an amendment requiring the…
Category: Legal
US regulators propose bank third-party risk guidelines
Four U.S. financial regulators have proposed new third-party risk guidelines that would let banks and credit unions tailor oversight to…
Citadel Securities calls for SEC oversight of equity-linked event contracts
Citadel Securities is pressing the SEC and the CFTC to preserve the SEC’s oversight of equity-linked products in the face…
Kalshi Petitions for En Banc Rehearing in Nevada Sports Prediction Markets Case
Prediction market platform Kalshi has taken the next step in its legal battle against Nevada over its sports-related contracts. The…
Crypto wins regardless of Clarity Act vote, Coinbase’s Armstrong says
Coinbase CEO Brian Armstrong says the crypto industry stands to gain regulatory clarity no matter the outcome of the Senate’s…
Unicoin sues Uniswap Labs, seeks to cancel UNI registration
TransparentBusiness Inc., which does business as Unicoin, sued Universal Navigation Inc., which does business as Uniswap Labs, in the Southern…
Europe’s top regulator questions Polymarket and Kalshi’s EU access, warns of authorization gaps
The European Securities and Markets Authority (ESMA) warned that major prediction markets including Polymarket and Kalshi lack the authorization generally…
White House Issues Positive Statement on the Bullish Clarity Act
A more optimistic statement has come from the White House regarding the Clarity Act, which is closely followed by the…
CLARITY Act Faces New Hurdle as Democrats Push Vertical Integration Provision, GOP Resists
The CLARITY Act faces a new hurdle as Democrats and Republicans clash over adding a vertical integration provision to the…
UK House of Lords backs mandatory digital asset strategy over Labour position
The UK House of Lords backed an amendment requiring the government to develop a digital asset strategy, in a 194–138…