Auto Added by WPeMatico

Coinbase vs. Nevada: Who Regulates Prediction Market Event Contracts?

A legal clash between Coinbase and Nevada regulators is testing whether states can treat federally regulated prediction markets as gambling, setting up a high-stakes fight over who controls crypto derivatives…

Continue ReadingCoinbase vs. Nevada: Who Regulates Prediction Market Event Contracts?

Report: Nevada Regulators Freeze Crypto Custodian’s Activities After Discovering $11M Shortfall

Nevada’s Financial Institutions Division dropped the hammer on Fortress Trust, the crypto custodian based in the Silver State, after discovering an $11 million hole in client funds, according to a…

Continue ReadingReport: Nevada Regulators Freeze Crypto Custodian’s Activities After Discovering $11M Shortfall

Evernorth to Go Public as First $1 Billion ‘Active’ XRP‑Linked Investment Vehicle

Evernorth, a Nevada‑based company, announced it will go public in Q1 2026 with an “active” XRP‑linked investment initiative. The company, which will launch with $1 billion, will focus on acquiring…

Continue ReadingEvernorth to Go Public as First $1 Billion ‘Active’ XRP‑Linked Investment Vehicle