Prediction Markets Legal Battle Heads Toward Supreme Court Showdown
A growing legal conflict over prediction markets in the US is approaching a potential Supreme Court decision, as courts debate whether platforms like Kalshi fall under gambling or…
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Warren Presses OCC Over World Liberty Bank Charter Bid
Senator Elizabeth Warren questioned the OCC over disclosure and foreign ownership concerns tied to World Liberty’s reported bank charter application.
OCC Proposal Targets Stablecoin Yield Under GENIUS Framework
The OCC released a proposal to implement the GENIUS Act, formally barring yield on payment stablecoins and tightening oversight of issuer-affiliate reward structures.
SEC Clarifies 2% Haircut Treatment for Stablecoins
SEC staff said broker-dealers can apply a 2% haircut to stablecoin holdings when calculating net capital. The clarification reduces regulatory uncertainty around stablecoin balance sheet treatment.
Nexo Re-Enters US Market Following Regulatory Recalibration
Digital asset wealth platform Nexo has officially resumed operations in the United States, offering a suite of regulated services powered by Bakkt. The move follows a…
Crypto Industry Pushes Back on Stablecoin Yield Ban
Crypto advocates are countering Wall Street calls for a blanket ban on stablecoin yield as US lawmakers debate key provisions in pending market structure legislation.
Arizona Warns of Rising Crypto ATM Scams Targeting Seniors
Arizona’s attorney general issued a public warning as losses from crypto ATM scams surged, with older adults accounting for a large share of victims.
Tether Launches USA₮ as Federally Regulated Dollar Stablecoin for US Market
Tether has formally launched USA₮, a federally regulated, dollar-backed stablecoin issued by Anchorage Digital Bank under the United States’ new GENIUS Act framework.
Court Halts Tennessee Action against Kalshi
A federal judge has temporarily blocked Tennessee regulators from enforcing a cease-and-desist order against prediction market Kalshi.
YouTube Enables US Creators to Receive Earnings in PayPal’s PYUSD Stablecoin
YouTube has activated a new payout option allowing US creators to receive earnings in PayPal’s PYUSD stablecoin. The move follows broader institutional adoption of regulated digital…
PayPal Launches Huge Bitcoin Giveaway for US Customers
PayPal has initiated a major Bitcoin sweepstakes offering over $1 million in prizes to US customers, aiming to incentivize platform engagement and drive crypto transaction volume.