
CFTC Initiates Legal Action Against New Mexico Over Prediction Market Jurisdiction
The Commodity Futures Trading Commission has filed a lawsuit against New Mexico, marking the eighth state challenged over prediction market oversight.

The Commodity Futures Trading Commission has filed a lawsuit against New Mexico, marking the eighth state challenged over prediction market oversight.

The cryptocurrency industry is navigating a busy summer of legislative debates, new regulatory proposals, and escalating court cases that will define its future.

Google has filed a lawsuit against a Chinese criminal network, accusing them of leveraging its Gemini AI to craft sophisticated phishing scams that targeted crypto investors and stole millions.
A federal appeals court has affirmed Sam Bankman-Fried's fraud conviction and 25-year prison sentence, rejecting all arguments from his legal team.

Former SEC and CFTC Chair Gary Gensler asserts that Congress never intended for sports betting, including prediction markets, to fall under exclusive federal oversight.

Former SEC and CFTC Chair Gary Gensler asserts that prediction markets offering sports contracts must adhere to state regulations, challenging their claims of exemption.

Banking industry groups are pushing for Anti-Money Laundering (AML) rules to extend to stablecoin secondary markets, aiming to curb illicit finance risks.

Lee Jae-won, CEO of major South Korean crypto exchange Bithumb, is reportedly under police investigation for alleged bribery involving a legislator's relatives.

Lawmakers in Delaware and New Jersey are advancing legislation that would completely ban crypto ATMs, joining a small group of US states with similar prohibitions.

The CFTC has put forward new regulations aiming to distinguish legitimate prediction markets from gambling, potentially impacting how these contracts operate in the US.

Dario Amodei, CEO of leading AI firm Anthropic, advocates for strict AI safety rules even as his company continues to develop and deploy cutting-edge artificial intelligence.

Anchorage Digital, a regulated crypto bank, supports the Treasury's AML rules for stablecoins but seeks vital clarity on secondary market sanctions.

The Commodity Futures Trading Commission (CFTC) has unveiled new rules that would prohibit prediction markets tied to war, assassination, or the removal of foreign adversaries.

A recent AI-generated deepfake political advertisement in Minnesota has ignited widespread concerns about the integrity of elections and the urgent need for AI regulation.

The CFTC has introduced a proposed rule to define "public interest" criteria for prediction market contracts, signaling a significant shift towards formal regulation for these platforms.

Delaware lawmakers are advancing a bill to ban all cryptocurrency ATMs, citing them as "predatory" and requiring removal within 90 days.

Cryptocurrency markets experienced a downturn ahead of key inflation data, as US crypto tax bills stalled in Congress and DeFi protocol Morpho secured substantial funding.

The European Union is reportedly moving to broaden its sanctions against Russia by proposing a ban on transactions involving 11 cryptocurrency platforms.

US House Democrats are questioning tax exemptions for cryptocurrency staking and mining, with party leadership suggesting a delay until after the midterms.

The European Union has mandated Meta to open its WhatsApp Business API to rival AI chatbots, a move Meta criticizes as regulatory overreach.
Major cryptocurrency firms are pressing the U.S. Senate to pass the Digital Asset Market Clarity Act, emphasizing crucial protections for blockchain developers.

A key piece of U.S. crypto legislation, the 'Clarity Act', is facing scrutiny over potential gaps that could enable money laundering, sanctions evasion, and conflicts of interest.

Over 200 cryptocurrency companies are united in their call for the U.S. Senate to vote on the Digital Asset Market Clarity Act, seeking crucial regulatory guidelines.

Researchers caution that autonomous AI systems integrated with cryptocurrency could create "unstoppable" entities with significant, far-reaching consequences for finance and users.
A powerful coalition of over 200 crypto companies is urging Senate leaders to advance the Digital Asset Market Clarity Act, seeking crucial regulatory clarity for the industry.

Ledger's CTO warns that the EU's MiCA regulations impose crushing compliance costs, potentially stifling Web3 startups and innovation across Europe.

Galaxy Digital now places the likelihood of a crucial crypto bill passing at just 60%, citing the Senate's increasingly tight pre-election calendar.

AI powerhouse Anthropic, developer of Claude, has reportedly assisted the NSA in cyber operations, even as it publicly warns about the existential risks of advanced AI.

House Republicans are preparing for a summer vote on new rules that would restrict lawmakers from participating in prediction markets and ban congressional stock trading.

Financial advisors must update their crypto due diligence to account for evolving stablecoins, dynamic regulations, and the rise of AI-powered infrastructure.

A British teenager has been sanctioned by Russia, allegedly for his research into the nation's use of cryptocurrency to bypass international restrictions.

The Commodity Futures Trading Commission (CFTC) has scrapped its long-standing "no-deny" settlement policy, signaling a more assertive approach to enforcement actions.
Bitcoin's price has fallen below $65,000, driven by a broad investor shift towards AI stocks and new IPOs, coupled with regulatory uncertainty.

Crypto-aligned PACs spent $3.5 million on media buys, helping nearly a dozen candidates win primaries or advance to general elections across three U.S. states.

The European Union's landmark MiCA regulation reaches a critical juncture on July 1, requiring crypto firms to cease operations without full authorization.

Bitcoin's price dipped under $67,000, coinciding with a significant fall in MicroStrategy's stock and renewed calls from U.S. senators to restrict crypto in 401(k)s.