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Kalshi Mandates Employer Disclosure to Stop Insider Trading

Kalshi Mandates Employer Disclosure to Stop Insider Trading 3

Kalshi, a prominent prediction markets platform, has implemented significant new measures to enhance market integrity and deter insider trading. These changes include mandatory disclosure of employers for traders participating in markets deemed sensitive, alongside the introduction of a risk-scoring system…

Man Gets 5 Years for $100M Crypto Laundering

Man Gets 5 Years for $100M Crypto Laundering 7

Washington Man Sentenced for Role in $100 Million Crypto Money Laundering Scheme Geoffrey K. Auyeung, a 47-year-old resident of Newcastle, Washington, has been sentenced to five years in prison for his involvement in a significant cryptocurrency money laundering operation. According…

Crypto Tax Bill Urgency Debated in House Hearing

Crypto Tax Bill Urgency Debated in House Hearing 11

The U.S. House of Representatives Committee on Ways and Means recently convened a hearing to deliberate on the taxation of digital assets, signaling a significant step in the legislative process to regulate the rapidly expanding cryptocurrency sector. This session, which…

Crypto’s AI utility questioned by IC3 researchers

Crypto's AI utility questioned by IC3 researchers 13

Recent research from the Initiative for CryptoCurrencies and Contracts (IC3) suggests that the purported utility of cryptocurrency in resolving major challenges within artificial intelligence (AI), such as content authenticity, algorithmic bias, and autonomous agent functionality, may be significantly overstated. The…

Paradigm, Hyperliquid Urge AML Rule Revision

Paradigm, Hyperliquid Urge AML Rule Revision 15

A significant debate is unfolding in the United States regarding the proposed anti-money laundering (AML) regulations for stablecoin issuers. The Hyperliquid Policy Center (HPC), a decentralized finance (DeFi) advocacy group, in conjunction with the prominent crypto venture capital firm Paradigm,…

Warren: Weak CFTC Fuels Crypto Bill Disaster

Warren: Weak CFTC Fuels Crypto Bill Disaster 19

Senator Elizabeth Warren has formally questioned the Commodity Futures Trading Commission (CFTC) regarding its capacity to manage an expanded regulatory mandate over cryptocurrency and prediction markets, as legislative efforts in Congress aim to broaden the agency’s authority. The inquiry follows…