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Category US regulation

Polymarket Faces Baltimore Lawsuit and Lost JPMorgan Banking Relationship

Polymarket Faces Baltimore Lawsuit and Lost JPMorgan Banking Relationship

In Brief Baltimore sued Kalshi and Polymarket over alleged unlicensed sports betting. The city seeks civil penalties, restitution, and disgorgemen...
XRP Defends $1 by a Cent Since CLARITY Act Slipped. Now CFTC Steps In

XRP Defends $1 by a Cent Since CLARITY Act Slipped. Now CFTC Steps In

In Brief XRP has hovered at $1 since the CLARITY Act slipped to September. The token peaked at $3.65 the day the House passed the bill. Ripple CEO...
NYC Council Probes 4 Prediction Markets Over “Predatory Marketing” Claims

NYC Council Probes 4 Prediction Markets Over “Predatory Marketing” Claims

In Brief NYC Council is investigating four prediction market platforms over their marketing practices. Speaker Julie Menin gave the platforms 14 d...
Texas Has 5 New Rules for Data Centers as AI Backlash Grows

Texas Has 5 New Rules for Data Centers as AI Backlash Grows

In Brief Texas will pause new data centers until they disclose power, water, and cost plans. Abbott ordered regulators to audit data center projec...
Can Crypto Advance Without the CLARITY Act? Grayscale Says Yes

Can Crypto Advance Without the CLARITY Act? Grayscale Says Yes

In Brief Grayscale's Zach Pandl says crypto can advance even without the CLARITY Act. He notes the industry ran 17 years without US market structu...