Tag: Federal

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Federal Appeals Court Rejects Kalshi Bid to Pause Nevada Enforcement

In brief The Ninth Circuit has denied Kalshi’s emergency request for an administrative stay Nevada can now file a civil enforcement action and seek a TRO Kalshi...

Federal Reserve Paper Proposes New Risk Weighting Model for Crypto

New analysis published Wednesday by the Federal Reserve proposes that crypto be categorized as a distinct asset class for initial margin requirements used in...

US Federal Judge Hands 8-Year Prison Term to Safemoon CEO

A U.S. court sentenced the former CEO of defunct crypto firm Safemoon to 100 months in federal prison for defrauding investors. The CEO was...

Federal Reserve Faces Industry Clash Over ‘Skinny’ Master Account Proposal

The Federal Reserve’s proposed “skinny master account” has triggered a rare three-way collision among crypto firms, fintech advocates, and community banks, exposing deep disagreements...

Federal Reserve Governor Shrugs Off Bitcoin Volatility

Federal Reserve Governor Christopher J. Waller downplayed risks from bitcoin and broader crypto markets on Monday, arguing that digital assets remain largely...

Trump Picks Kevin Warsh as Next Federal Reserve Chair

US President Donald Trump said Friday he will nominate former Federal Reserve Governor Kevin Warsh to succeed Jerome Powell as chair of the US...

Tether Launches US-Regulated Stablecoin as New Federal Rules Take Effect

Tether has launched a U.S.-focused, federally regulated stablecoin as Washington moves to establish formal oversight of dollar-backed digital tokens under new legislation.The issuer of...

Australian Federal Court Slams BPS Financial With Heavy Fine for Crypto Misrepresentation

The Australian Federal Court fined BPS Financial $9.7 million for operating its Qoin Wallet without a license and making misleading claims about its functionality....

US Probes $40M Crypto Heist By Federal Contractor’s Son

Members of the U.S. government are investigating allegations that tens of millions of dollars in cryptocurrency seized by law enforcement were stolen through insider...

U.S. marshals investigate claim of $40 million crypto theft by son of federal crypto custodian

The U.S. Marshals Service (USMS) is investigating allegations that the son of a Department of Defense and Department of Justice services provider, charged with...

Federal judge temporarily halts Tennessee's bid to shut down Kalshi sports contracts

A new ruling freezes a state cease-and-desist order while the court considers whether Kalshi’s CFTC-regulated platform is shielded from state gambling laws.