Tag: State

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Clarity and Congress’s summer break: State of Crypto

The president also disclosed holding north of $100 million in various cryptos, and a few smaller stakes in firms like Corewave.Senator Elizabeth Warren, the...

Kalshi, state cases from the past week

In the Nevada Supreme Court, Kalshi lost an effort a few days ago to halt a requirement that it block its customers in the...

CZ wants to make the U.S. the ‘capital of crypto’: State of Crypto

CZ told CoinDesk over the course of two interviews that he saw multiple causes for crypto's 2026 bear market including investors moving funds to...

What Robinhood’s recent layoffs say about the current state of crypto investments

Robinhood says layoffs aren’t being driven by AI integrationAccording to a Forbes report published on June 4, 2026, AI has been the top‌ reason...

17 Democratic Senators Seek to Bar CFTC From Funding Prediction-Market State Lawsuits

Seventeen Democratic senators are urging the Senate Appropriations Subcommittee to include a rider in the FY2027 spending bill that would prohibit the CFTC from...

US Senators Push to End CFTC ‘Assault’ on State Oversight of Prediction Markets

A group of 17 Democratic US senators is pressing leadership in a key committee to address the Commodity Futures Trading Commission (CFTC) using federal...

Crypto-Backed Candidates Notch Wins in Three US State Primaries

Several Democrats and one Republican who were supported by more than $8 million worth of ads funded by cryptocurrency-aligned political action committees (PACs) won...

Are perps swaps? A quick look at that CME suit: State of Crypto

CME is arguing that perps are harmful to its long-dated futures products. The lawsuit alleges that the CFTC did not consider the ramifications of...

Kentucky targets prediction markets, puts red state in potential clash with Trump team

“This action runs counter to the CFTC's established framework for regulating prediction markets,” the spokesperson said in a statement emailed to CoinDesk.So far, the...

Crypto industry aghast at Illinois’ new tax on holding or transferring digital assets in state budget

The crypto industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2% tax on businesses transacting...

Senators Urge Treasury Ensure State Authority in GENIUS Rules

A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the...

State Street targets stablecoin reserve boom with new money market fund

Wall Street's largest asset managers are increasingly competing to manage the assets backing stablecoins, a market that could swell into the trillions of dollars...