Auto Added by WPeMatico

Former House Financial Services Chair: CLARITY Act’s Passage Is ‘When, Not If’

Former House Financial Services Committee Chairman Patrick McHenry told Bloomberg the CLARITY Act’s passage is “a question of when, not if,” days after comparing the crypto market structure bill to…

Continue ReadingFormer House Financial Services Chair: CLARITY Act’s Passage Is ‘When, Not If’

Exploiting Private Data: Lawsuit Claims BitMEX Used ‘God Access’ to Force Customer Liquidations

The complaint, which includes former BitMEX CEO Arthur Hayes and former CTO Samuel Reed as defendants, alleges that the exchange operated a fraudulent scheme from an insider desk managed by…

Continue ReadingExploiting Private Data: Lawsuit Claims BitMEX Used ‘God Access’ to Force Customer Liquidations

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

Argentina Proposes Sweeping Deregulation Bill to Modernize Capital Markets With Crypto and Blockchain

The new law project, proposed by Deregulation Minister Federico Sturzenegger, would allow investment funds to invest in digital assets, the issuance of securities using decentralized technologies, and give full validity…

Continue ReadingArgentina Proposes Sweeping Deregulation Bill to Modernize Capital Markets With Crypto and Blockchain

São Paulo Sues World and Amazon AWS for $47 Million Over Abusive Biometric Data Collection

The Consumer Prosecutor’s Office of Sao Paolo stressed that World focused on attracting people in situations of economic vulnerability and maintained this practice even after the National Data Protection Authority…

Continue ReadingSão Paulo Sues World and Amazon AWS for $47 Million Over Abusive Biometric Data Collection

CLARITY Act Draft Gives Trump 5 Ways to Keep Profiting From Crypto, Democrats Say

Senate Democrats say the latest CLARITY Act draft leaves five ethics loopholes that could let President Donald Trump keep profiting from crypto while shaping digital asset policy. Republicans argue the…

Continue ReadingCLARITY Act Draft Gives Trump 5 Ways to Keep Profiting From Crypto, Democrats Say

How Prediction Markets Actually Work (And What It Takes to Build One Legally)

Offering players worldwide the opportunity to bet on any world event: this is the promise of prediction markets platforms. With the massive success and traction of names such as Polymarket…

Continue ReadingHow Prediction Markets Actually Work (And What It Takes to Build One Legally)