By Hassan Shittu Key highlights: White House crypto adviser revealed Trump agreed to “unprecedented” ethics concessions during CLARITY Act negotiations, but the Senate vote still failed Beyond ethics, the bill collapsed over unresolved disputes on stablecoin rewards, DeFi rules, illicit finance protections, and enforcement powers The CFTC submitted crypto market rules for White House review, […]
Tag: BREAKING
Key highlights: Prediction market platform Kalshi faces preliminary injunction in Washington The judge rules that the platform offers illegal gambling services in the state The news highlights the growing battle between the US states and prediction markets Prediction markets continue to face increased scrutiny from US state authorities. In the latest legal setback, prediction market […]
Key highlights: Toss Bank plans to leverage the Solana blockchain to offer stablecoin-based remittances. The collaboration will begin with a PoC and expand into broader financial services. The Solana price rose by 4% following the Toss Bank deal. The Solana Foundation is making another major push into traditional finance (TradFi) by partnering with Toss Bank, […]