Senate CLARITY Act Faces 100+ Amendments as Stablecoin Rewards Battle Intensifies
The Senate Banking Committee's CLARITY Act is heading into markup with over 100 proposed amendments, testing the survival of a fragile stablecoin comp...
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Senators Demand Accountability from Credit Bureaus Over Declining Consumer Relief Rates
Four U.S. senators, led by Sen. Elizabeth Warren, have sent formal letters to major credit bureaus TransUnion and Experian after a ProPublica investig...
GENIUS Act Paves Way for Stablecoins, But Regulators Tighten Entry Rules
The GENIUS Act provided stablecoin issuers with a long-awaited legal framework in the US, but regulators are now transforming it into a barrier to ent...
Federal Government Sues States to Defend Prediction Markets Against Gambling Restrictions
The U.S. Commodity Futures Trading Commission (CFTC) is suing states that seek to restrict prediction markets like Kalshi, arguing federal jurisdictio...
US Senate Unanimously Bans Prediction Market Trading for Senators and Staff to Prevent Conflicts of Interest
The US Senate unanimously voted to prohibit Senators and their staff from trading on prediction markets, citing conflicts of interest. The move follow...
DOJ Ends Criminal Probe into Fed Chair Jerome Powell, Clearing Path for Confirmation
The Department of Justice announced it is dropping a criminal investigation into Federal Reserve Chair Jerome Powell. The decision follows a request f...
Prediction Market Giants Kalshi and Polymarket Launch Crypto Perpetual Futures in High-Stakes Race
Kalshi and Polymarket, two leading U.S. prediction market platforms, are launching crypto perpetual futures within days of each other. Kalshi will deb...
Kevin Warsh's Fed Confirmation Hearing: What to Expect from Republicans and Democrats
Kevin Warsh's Fed confirmation hearing today highlights Republican support for his reformist stance and Democratic concerns over conflicts of interest...
Billionaire Advocates for Legalizing Insider Trading to Improve Market Efficiency
Thomas Peterffy, founder of Interactive Brokers Group, argues for legalizing insider trading, claiming it would benefit society by allowing faster dis...