Kentucky targets prediction markets, puts red state in potential clash with Trump team
Kentucky’s attorney general has sued leading prediction market firms Kalshi and Polymarket, accusing them of offering illegal sports betting without…
“Big Mistake:” Michael Saylor Slams Illinois 0.2% Tax on Bitcoin, Crypto Transactions
Strategy co-founder Michael Saylor has criticized Illinois’ crypto tax, which will take effect from next year. Other stakeholders in the…
Crypto Investors Could Lose Key Tax Advantage Under New House Proposal
House Proposal Would Bring Crypto Trades Under Wash Sale Restrictions House Budget Chairman Jodey Arrington (R-TX) on June 17 issued…
Zimbabwe Central Bank Unit Unveils Regulatory Framework for Crypto Firms
New Legal Definitions The Reserve Bank of Zimbabwe’s Financial Intelligence Unit has issued a public mandate requiring all virtual asset…
Bitcoin rises after Bank of Japan hikes interest rates to a 31-year high
Summary The Bank of Japan raised its key interest rate by 25 basis points to 1 percent, the highest level…
Breaking: Bitwise Withdraws Bitcoin & Ethereum ETF amid Focus on HYPE
Crypto asset manager Bitwise has filed with the US Securities and Exchange Commission to formally withdraw its S-1 registration statement…
CoinDesk 20 performance update: Uniswap (UNI) gains 12.9% while index trades lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The…
State Street targets stablecoin reserve boom with new money market fund
Summary State Street has introduced a government money market fund tailored for stablecoin issuers, aiming to manage the reserves that…
Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Africa
Summary Ripple invested in African fintech Flutterwave’s new funding round, valuing the company at $3.2 billion. Flutterwave will integrate Ripple’s…
Crypto Market Awaits US FOMC as Fed Rate Hike Odds Jump
The US Federal Open Market Committee (FOMC) interest rate decision is among the top events to watch this week in…