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Browsing Category
Regulations
Crypto rails made prediction markets global, gambling laws may make them local again
South Korean police opened the country's first illegal gambling probe into domestic Polymarket users on Jun. 5, targeting residents who placed bets on the Jun. 3 local election outcomes.The Gangwon Provincial Police Agency is leading the…
CLARITY Act chances of passage this year falls to 60%, Galaxy Digital says
The CLARITY Act, the crypto industry’s biggest bill in Congress, is losing momentum just weeks after clearing a key Senate committee, raising the risk that Washington’s first major digital asset rulebook slips deeper into an election…
Hyperliquid’s UK warning reveals the regulatory test behind its Wall Street push
Hyperliquid’s rapid growth has drawn a warning from Britain’s financial regulator, adding a consumer-protection concern to a platform increasingly watched by Wall Street and traditional market operators.The Financial Conduct Authority (FCA)…
A little-known 1,250% rule could lock US banks out of Bitcoin
A group of Republican senators is warning US bank regulators that a little-known capital rule could effectively keep banks out of Bitcoin, even as Congress moves to give traditional financial firms a larger role in digital asset markets.In…
Bank of England stablecoin caps may choke the UK’s pound-token market before launch
A House of Lords committee has told the Bank of England to rethink stablecoin caps before the UK's regime is finalized.The Financial Services Regulation Committee published its report, Stablecoins: waiting for regulation, on June 3, turning…
Europe is actively trying to stop the dollar stablecoin takeover
Europeans conduct 38% of global stablecoin transactions, but euro-denominated tokens account for just 0.3% of the total stablecoin supply. The continent is among the world's most active users of stablecoins, and almost none of them are…
How a disputed $1 billion claim became a powerful weapon against prediction markets
On the American Gaming Association's website, a counter has been climbing for months, tallying what the casino-and-sportsbook lobby says states and tribes have lost to prediction markets. On Thursday, it rolled past $1 billion, and the AGA…
The US says it grabbed Iran’s crypto in a $1B seizure
reasury Secretary Scott Bessent said at the Reagan National Economic Forum that the US had seized roughly $1 billion in Iranian crypto assets, turning the Iran crypto seizure into an early test of Trump’s reserve frameworkBessent added the…
Hyperliquid’s HYPE rally is bigger than a new all-time high
The Hyperliquid HYPE rally reached a new HYPE all-time high of $68.64 on May 30, extending a month that has already delivered roughly 50% in gains and over $1.4 billion in single-day trading volume.The HYPE price move came the day after the…
Bitcoin perps just got a US green light, but one catch could decide everything
The CFTC has moved true Bitcoin perpetual futures from an offshore-liquidity debate into a US-regulated test case, with KalshiEX LLC now approved to list BTCPERP and Coinbase Financial Markets receiving separate staff-level relief for…
