Kalshi Debuts ‘Fair Markets’ Lobby Group as Congress Opens Insider Trading Probe
Kalshi unveiled Americans for Fair Markets, an advocacy group to help shape policymakers’ perception of prediction markets. Source: decrypt.co Read Full Story
Bitcoin
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Two Men Federally Charged Over AI Deepfake Porn Under the Take It Down Act
Federal prosecutors charged two men under the 2025 law that criminalizes non-consensual AI-generated intimate imagery. Source: decrypt.co Read Full Story
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US lawmakers push new Strategic Bitcoin Reserve act to secure $25 billion federal stash
A renewed push to solidify the United States’ foothold in the digital asset market emerged Thursday as lawmakers unveiled legislation to establish a formal strategic Bitcoin reserve and consolidate the federal government’s multibillion-dollar cryptocurrency stockpile. Spearheaded by Representative Nick Begich, the American Reserve Modernization Act (ARMA) of 2026 mandates the creation of a secure Bitcoin…
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Petition to scrap South Korea’s crypto tax reaches 50K threshold
Critics say the new 22% crypto tax, set to take effect in 2027, unfairly favors other asset classes with a much lower tax burden. Source: cointelegraph.com Read Full Story
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OpenAI takes the lead in AI IPO horse race: ‘Getting to public markets first is very important’
It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week. Source: www.cnbc.com Read Full Story
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Securitize remains in the red even as record quarter fuels public listing plans
The tokenization platform reported record quarterly revenue but continued to post losses as it invested in growth and public-company preparations tied to its merger with Cantor Equity Partners II. Source: www.coindesk.com Read Full Story
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Elizabeth Warren Calls Crypto Bank Charter Approvals for Firms Like Coinbase, Ripple Illegal
In a letter to the Comptroller of the Currency, Warren argued nine national trust bank charter approvals for crypto firms violated the National Bank Act. Source: decrypt.co Read Full Story
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US Treasury Hits Over 50 Firms and Vessels in Iran Shadow Banking Crackdown
The US Treasury sanctioned more than 50 companies, vessels, and individuals tied to Iran’s shadow banking and oil networks this week, escalating the Trump administration’s Economic Fury campaign against Tehran’s financial workarounds. The Office of Foreign Assets Control hit Iranian exchange house Amin Exchange and blocked 19 oil and petrochemical tankers, while Secretary Scott Bessent…
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Deloitte absorbs Blocknative team as crypto infra firm winds down APIs and Gas Network
The Blocknative website now returns a post noting that the firm is “now in the process of ceasing operations.” Source: www.theblock.co Read Full Story
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Elon Musk Loses $150 Billion AI Lawsuit Against OpenAI and Sam Altman
The legal battle between Elon Musk and OpenAI has ended in a win for the company he co-founded, following a jury decision. Source: decrypt.co Read Full Story
