Kalshi Draws a Hard Line Kalshi’s suspension of three U.S. political candidates for betting on their own races is not just an enforcement story. It is a stress test for the idea that prediction markets can police themselves while expanding…
State Ethics Meets Event Contracts New York and Illinois have turned prediction markets from a niche trading story into a broader regulatory contest. The new executive actions target the most politically sensitive part of the market: public employees who may…
Satoshi Speculation Meets A Regulated Market Adam Back’s repeated need to answer the same Satoshi question says less about personality than about the state of Bitcoin itself. In Paris, the long-running mystery around Bitcoin’s creator was not treated as a…
A Tactical Step Back Sam Bankman-Fried’s latest filing is less a surrender than a recalibration. The former FTX chief has withdrawn his motion for a new trial, but he is still pressing for a different judge to handle the dispute.…
The Comment Clock Is Now Part Of The Battle Banks are not objecting to stablecoin regulation in the abstract; they are trying to slow the machinery down long enough to shape it. That distinction matters. A request for more time…
Licensing Is the Real Story Thailand is not simply adding another product to its crypto menu. The real issue is licensing architecture: whether digital asset firms can offer futures and other derivatives inside their existing business structures, rather than being…
A compliance system built for friction Kraken’s call for a de minimis exemption is not a side note in tax policy. It is a direct challenge to the way U.S. crypto reporting is being built: broad, highly granular, and expensive…
FCA Draws a Hard Line The UK’s latest action against illegal peer-to-peer crypto trading is more than an enforcement headline. It is a signal that the Financial Conduct Authority is willing to treat unregistered crypto activity as a direct financial-crime…
Europe’s Regulated Crypto Market Is Narrowing Smaller crypto firms in Europe are entering the harshest phase of MiCA regulation: not the drafting stage, but the cost stage. The European framework was designed to replace fragmentation with a single rulebook, yet…
Licensed Access, Narrower Exit Russia is no longer treating crypto as a loose side market. The new bill moves digital-asset activity into a formal structure built around licensed intermediaries, with a clear timeline that matters for both traders and businesses.…
