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Minnesota’s Prediction Market Ban Hits Legal Roadblock After Federal Court Ruling

A federal judge has temporarily blocked Minnesota from enforcing a first-of-its-kind law that would have prohibited prediction markets in the state. The latest decision hands a temporary legal victory to…

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Sen. Jon Husted Backs the CLARITY Act as Odds of Passage Slip to 30%: Here’s What He Said

U.S. Senator Jon Husted (R-OH) publicly backed the Digital Asset Market Clarity Act on July 28, arguing the bill is essential for U.S. leadership in digital assets, even as the…

Continue ReadingSen. Jon Husted Backs the CLARITY Act as Odds of Passage Slip to 30%: Here’s What He Said

Charles Schwab Calls CLARITY Act a ‘Fundamental Catalyst’ as White House and Thune Clash Over Timing

Charles Schwab, which manages $13 trillion in client assets, is calling the CLARITY Act a “really important fundamental catalyst” that “needs to pass” even as Senate Majority Leader John Thune…

Continue ReadingCharles Schwab Calls CLARITY Act a ‘Fundamental Catalyst’ as White House and Thune Clash Over Timing

Larry Fink Comes out as Bullish, CFTC Intervenes With Kalshi, and More – Week in Review

This week’s crypto storylines mixed balance-sheet stress, regulation, venture hindsight, geopolitics, and macro sentiment. Michael Saylor built a $3 billion cash buffer around Strategy’s bitcoin stack, the CFTC backed Kalshi…

Continue ReadingLarry Fink Comes out as Bullish, CFTC Intervenes With Kalshi, and More – Week in Review