Tennessee Judge Blocks State Enforcement Against Kalshi
A federal judge granted Kalshi a preliminary injunction preventing Tennessee from enforcing state betting laws against its event contracts during ongoing litigation.
Nevada Sues Kalshi After Court Rejects Bid to Halt State Action
Nevada has filed a civil enforcement action against Kalshi after a federal appeals court denied the firm’s attempt to block state regulatory action.
Kraken Backs Wyoming Newborn Savings Accounts Initiative
Kraken will sponsor savings accounts for all Wyoming newborns in 2026, reinforcing its alignment with crypto-friendly state policy and long-term regulatory positioning.
US NCUA Proposes Federal License for Stablecoin Issuers
The National Credit Union Administration has proposed a federal licensing framework for payment stablecoin issuers operating through credit union subsidiaries.
Sam Bankman-Fried Seeks New FTX Fraud Trial on Witness Claims
Sam Bankman-Fried has asked a federal court to grant a new trial in the FTX fraud case, citing newly available witness testimony he argues could undermine his conviction.
Kraken Reassigns CFO as IPO Preparations Continue
Crypto exchange Kraken has moved its chief financial officer into an advisory role as it advances plans for a long-anticipated US public listing.
Crypto Scam Leader Sentenced to 20 Years in US Prison
A US federal court sentenced Daren Li to 20 years in prison for orchestrating a $73 million crypto pig butchering scheme targeting American investors.
Bitcoin Difficulty Sees Sharpest Drop since 2021
Bitcoin mining difficulty fell more than 11% in a single adjustment, marking its steepest decline since China’s 2021 mining crackdown.
Tether Invests $100M in Anchorage Digital
Tether has made a $100 million equity investment in Anchorage Digital, deepening its partnership with the federally regulated US crypto bank.
Gemini Exits UK, EU, Australia as It Cuts Workforce
Crypto exchange Gemini is withdrawing from the UK, EU, and Australia while cutting 25% of its staff to refocus on the US and prediction markets.
Revolut Shifts Strategy, Eyes US Banking License
Revolut is reportedly planning to apply for a US banking license, dropping earlier plans to acquire a local lender as it accelerates its global expansion.
Ledger Weighs US IPO as Hardware Wallet Demand Rises
Ledger is reportedly in talks with major banks about a potential US IPO that could value the crypto hardware wallet maker at more than $4 billion.
Kansas Lawmakers Propose State-Managed Bitcoin Reserve
Kansas lawmakers introduced a bill to create a state-managed Bitcoin and digital assets reserve funded by unclaimed crypto and staking rewards.
US Homebuilder Moves Forward with Crypto Rewards after SEC Clearance
Megatel Homes plans to launch a crypto-based rewards platform for renters after receiving a no-action letter from the US Securities and Exchange Commission.
Crypto Firms Donate $21M to Trump-Linked PAC
Major cryptocurrency companies contributed more than $21 million to a political action committee backing President Donald Trump ahead of the 2026 US midterm elections.
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