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Wisconsin Sues Crypto Firms Over Gambling Laws

Wisconsin Sues Crypto Firms Over Gambling Laws 1

Wisconsin’s Legal Offensive Against Prediction Markets The Badger State is making waves with a significant legal challenge, as the Wisconsin Department of Justice has filed lawsuits against five prominent prediction market operators. The core of the complaint centers on “event…

DOJ Drops Powell Probe, Warsh Crypto Push Looms

DOJ Drops Powell Probe, Warsh Crypto Push Looms 3

The U.S. Department of Justice has concluded its criminal investigation into Federal Reserve Chair Jerome Powell. This decision removes a significant hurdle for the Senate’s confirmation process of Kevin Warsh, who is being considered for a leadership role at the…

Adam Back: Optional Upgrades Can Quantum-Proof Bitcoin

Adam Back: Optional Upgrades Can Quantum-Proof Bitcoin 10

Blockstream CEO Proposes Optional Quantum Resistance for Bitcoin, Sparking Developer Debate Blockstream CEO Adam Back has put forth a proposal for optional, quantum-resistant upgrades to Bitcoin’s cryptographic infrastructure, diverging from a more assertive approach championed by some developers. Back’s strategy…

DeFi Leaders Urge SEC for Clear Brokerage Guidance

DeFi Leaders Urge SEC for Clear Brokerage Guidance 16

Numerous leaders within the cryptocurrency industry, including the DeFi Education Fund, are formally requesting the U.S. Securities and Exchange Commission (SEC) to transform its recent guidance on decentralized finance (DeFi) interfaces into established rulemaking. This move follows the SEC’s earlier…

Wisconsin Sues Crypto Exchanges Over Sports Betting Contracts

Wisconsin Sues Crypto Exchanges Over Sports Betting Contracts 20

The Wisconsin Department of Justice has initiated legal action against several prominent financial and cryptocurrency platforms, including Kalshi, Robinhood, Coinbase, Polymarket, and Crypto.com. The department filed three separate complaints alleging that these companies’ offerings of sports-event contracts constitute a violation…