Senate bans members from prediction markets as insider trading scrutiny grows
The US Senate unanimously passed a rule Thursday barring senators and staff from trading on prediction markets, as lawmakers move…
Category: Legal
U.S. senators won’t be weighing in on prediction markets bets after banning themselves
A U.S. Senate that’s struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from…
Senate Democrats Urge CFTC to Ban Sports and Election Contracts on Kalshi and Polymarket
A group of congressional Democrats sent the Commodity Futures Trading Commission (CFTC) a letter on Thursday demanding the agency issue…
CFTC AI tools now review crypto applications as staff falls by more than 20%
CFTC Chairman Michael Selig confirmed the agency is deploying AI tools to review crypto registration applications and monitor trading data,…
US Senate bans itself from betting on prediction markets
The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive…
US Senate moves fast to ban its own members from prediction market bets
The U.S. Senate has taken a rare unanimous step. It voted on Thursday to ban lawmakers, staff, and chamber officers…
Stand With Crypto Calls for Urgent Senate Action on CLARITY Act
Crypto legislation pressure intensified as Stand With Crypto urged the Senate Banking Committee to take action on the CLARITY Act.…
CLARITY Act Latest Update: Tillis Adds Fresh Problem, Coinbase Fires Back And Expert Calls Bill Dead
The Clarity Act was supposed to be heading toward a May markup with momentum behind it. Instead it spent the…
South Korea to Tax Crypto Gains at 22% Starting January 2027
South Korea is moving closer to taxing crypto profits. The country’s tax agency has started full preparation for a new…
CLARITY Act at Risk Over Trump’s $1B Crypto Empire
The push to pass the CLARITY Act has hit a new roadblock. Lawmakers are now split over ethics concerns tied…