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ZachXBT Accuses Kucoin of Shielding $13M in Stolen Crypto From German Investigators

Onchain investigator ZachXBT has publicly accused Kucoin of allowing stolen cryptocurrency to flow freely through its platform while refusing to cooperate with German law enforcement. ZachXBT Says Kucoin Is ‘Complicit’…

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Lummis Warns US Must Pass CLARITY Act Immediately or Cede Digital Asset Leadership to China and Europe

U.S. Senator Cynthia Lummis has warned that China and Europe are actively competing with the United States for leadership in cryptocurrency and digital asset development, urging Congress to accelerate pending…

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Warren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill

Senator Elizabeth Warren launched a sweeping attack on the U.S. digital asset market structure bill during a Senate Banking Committee hearing on May 14, calling it an economic threat. The…

Continue ReadingWarren Says the CLARITY Act Will ‘Blow Up the Economy’ as Senate Panel Votes 15-9 to Advance Bill

CFTC Drops Swap Reporting Duties for Prediction Market Operators Across the US

The Commodity Futures Trading Commission (CFTC) issued a blanket no-action letter this week, relieving prediction market operators from swap data reporting and recordkeeping obligations tied to fully collateralized event contracts.…

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Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight

Coinbase recently filed a formal comment letter with the Commodity Futures Trading Commission (CFTC), arguing that prediction markets are derivatives that fall under federal jurisdiction and should stay there. The…

Continue ReadingCoinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight