Brazil's central bank has banned electronic foreign exchange (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances.BCB Resolution No. 561,...
A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that...
The US Senate on Thursday unanimously approved a resolution banning its members and staff, who are often exposed to sensitive information, from using prediction...
The Federal Trade Commission settlement decision also ordered Mashinsky to pay the commission $10 million.U.S. District Judge Denise Cote on April 28 signed off...
The European Union (EU) released its “biggest package” of sanctions in two years against Russia, describing the measures as far-reaching and restrictive. They specifically...
Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket.The decision, announced Friday, follows a directive from the Ministry...
In brief
California public officials are banned via executive order from using inside information to make money on prediction markets.
The ban extends to state officials...
An independent government review warned that crypto assets could channel foreign money into British politics.The United Kingdom has imposed an immediate moratorium on all...
Activity-based rewards are allowed, but anything ‘economically equivalent to interest’ is barred.Crypto industry leaders reviewed the draft stablecoin yield language in the Digital Asset...
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Governments are expanding digital surveillance laws, and trust has become the most important currency in crypto. For example, Spain has introduced legislation limiting social...
In brief
The Netherlands Gambling Authority has ordered Polymarket to cease operations in the country, on penalty of fines of €420,000 ($462,000) per week.
The regulator...
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According to recent reports, the Dutch arm of the prediction markets platform...