Politics
The U.S. Senate unanimously banned its own members from trading on prediction markets, effective immediately. The rule change targets insider trading risks as event-based betting volumes surge across crypto-linked platforms. The measure, S. Res. 708, was introduced by Bernie Moreno and passed without objection, amending Senate conduct rules. It
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The US Securities and Exchange Commission has opened public comment on a proposal requiring 85% of crypto ETF assets to meet existing eligibility standards. The rule could reshape how commodity-based crypto exchange-traded products are structured and approved. NYSE Arca submitted the proposal to amend its listing framework for Commodity-Based Trust
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Israel has approved the BILS stablecoin following a two-year pilot on the Solana blockchain. The decision signals a formal step toward regulated, local-currency stablecoins within a national financial framework. The Capital Market, Insurance and Savings Authority granted approval in a Monday notice. BILS becomes one of the first stablecoins directly
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French prosecutors have charged 88 individuals tied to violent crypto-related kidnappings, marking one of the largest coordinated crackdowns on so-called wrench attacks in Europe. The scale of the investigation highlights growing physical security risks for digital asset holders. The National Public Prosecutor’s Office for Organized Crime (PNACO) said the
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U.S. authorities have sanctioned crypto wallets linked to Iran following the freezing of $344 million in Tether (USDT). The action matters because it signals tighter enforcement on digital assets tied to sanctioned jurisdictions. The U.S. Treasury, under Secretary Scott Bessent, said the measures are part of broader economic
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Wisconsin prosecutors have filed complaints against multiple crypto-linked platforms, arguing their prediction markets function as illegal betting systems. The move matters because it escalates a growing state-level challenge to event-based contracts offered across the U.S. The filings in Dane County name Crypto.com, Polymarket, and Kalshi, along with distribution
Politics
A $1.75 million planned political ad buy tied to a crypto-backed PAC prompted direct outreach to U.S. Commerce Secretary Howard Lutnick. The episode highlights rising sensitivity around crypto capital entering contested U.S. elections ahead of the 2026 midterms. According to Axios, senior Republican officials contacted Lutnick after
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The U.S. Treasury has sanctioned a Cambodian senator and 28 affiliated entities tied to crypto fraud operations targeting American victims. The action expands Washington’s enforcement push against cross-border digital asset scams and signals heightened scrutiny of Southeast Asia-linked networks. The Office of Foreign Assets Control (OFAC) announced Thursday
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A coalition of major crypto firms warned that delays in U.S. market structure legislation risk pushing capital and jobs offshore. The message signals rising industry concern that regulatory uncertainty could erode the country’s position in digital finance. In an April 23 letter, groups led by the Crypto Council
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Kalshi imposed fines and five-year bans on three U.S. congressional candidates for trading on their own election outcomes, signaling stricter enforcement in prediction markets. The action highlights rising compliance pressure as regulators and platforms tighten rules around potential insider advantages in political contracts. According to company regulatory filings, the
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A compromise on stablecoin rewards is nearing agreement in the Senate, removing a key barrier to advancing a broader U.S. crypto market structure bill. The breakthrough could unlock long-stalled legislation that defines oversight between federal regulators and shapes digital asset adoption. Sens. Angela Alsobrooks and Thom Tillis have led
Politics
A bipartisan US bill proposes opening Federal Reserve payment rails to nonbank providers. The initiative could reshape competition in payments by giving crypto firms direct access to core financial infrastructure. The Payments Access and Consumer Efficiency Act (PACE Act) was introduced Tuesday by Representatives Sam Liccardo and Young Kim. The