Prediction markets inch closer to the Supreme Court: State of Crypto
New Jersey petitioned for a writ of certiorari in Kalshi’s case against it last week, finally throwing the ball to the high court.
State
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter.
U.S. state banking associations plan to launch their own nationwide blockchain network
The “BankChain Alliance” is aiming for a 2027 launch, and would foster stablecoins, payments and tokenized deposits inside the banking system’s regulatory sphere.
Regulation Crypto is here: State of Crypto
The SEC published its Reg Crypto proposal last week, giving the public 60 days to comment.
The SEC meeting that wasn’t: State of Crypto
Earlier this month, as it became clear that the Digital Asset Market Clarity Act would not receive a vote prior to the Senate’s August recess, industry participants suggested that if Congress didn’t act, regulators could. It wouldn’t be exactly the same; regulators’ actions could be… Read More
Is Clarity's delay a blessing in disguise?: State of Crypto
The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn’t the worst possible outcome.