Tesla Nvidia Perps Launch Amid Regulatory Battle
@Kalshi seeks U.S. approval for 60 stock and ETF perpetual contracts, including 24/7 trading on Tesla and Nvidia, amid regulatory discussions in the crypto space. #Update #Crypto $BTC $ETH
Regulatory & Legal
Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Crypto Regulation Advances Despite CLARITY Act Vote
@Grayscale asserts U.S. crypto regulation will progress regardless of the CLARITY Act’s outcome, as a Senate vote is set for Sept. 15 to determine its advancement. #Update #Crypto
SEC Faces 100 Changes in CLARITY Act
Senator Cynthia Lummis announces 100+ Democratic-requested changes to the CLARITY Act; it needs 60 Senate votes to proceed. Polymarket odds rose from 16% to 19%. #Update #Legal
SEC Plan Eases Legal Woes for Tokenized Securities
The SEC’s proposal to revise transfer-agent rules may eliminate duplicate offchain shareholder records, potentially lowering reconciliation costs and legal uncertainties for tokenized securities. #Update #Legal $USDC
Law Enforcement Scam Threatens Arrest Online
So-called digital arrest scams are pressuring victims into rapid cryptocurrency payments, according to Moody’s Rich Graham. Stay vigilant against law enforcement impersonation scams. #Update #Legal
Coinbase CEO Predicts US Regulatory Clarity
Coinbase CEO @brian_armstrong anticipates regulatory clarity for the U.S. crypto industry, regardless of the CLARITY Act’s outcome, as SEC and CFTC prepare rules. Coinbase expands into stocks and commodities. #Update #Crypto $BTC $ETH
Crypto.com Partners with Robinhood for Prediction Markets
@Robinhood has partnered with @Crypto.com and OG.com to expand its prediction markets, routing 13.6 billion event contracts, generating $156 million in Q2 revenue amid legal challenges. #Update #Crypto $CRO
KYC Data Breaches Surge 300% Demand Change
Privacy-preserving identity verification systems could enhance security by allowing users to control their data, addressing vulnerabilities in KYC processes that attract hackers, according to Coin Center’s Laz Pieper. #Update #Crypto
Crypto Fraud: 22-Year-Old Ringleader Pleads Guilty
Malone Lam, a 22-year-old from Singapore, pleaded guilty as the ringleader in a $245 million crypto fraud case involving the theft of 4,100 bitcoin through scams and home invasions. #Breaking #Legal $BTC
Crypto Platforms Flagged for AML Lapses
India’s Financial Intelligence Unit (FIU-IND) issued non-compliance notices to 15 virtual digital asset service providers for anti-money laundering (AML) lapses. #Breaking #Legal $BTC
Nexus ID Breach Unveils Fraud Blueprint
Nexus claims breach of 170M ID records, including 153M U.S. and Canadian licenses; experts warn of fraud risks as FBI investigates. #Breaking #Security
SEC Tokenized Fund Race: ARK Invest Surges Ahead
@ARKInvest is reportedly leading the charge to launch the first U.S. tokenized investment funds, potentially surpassing @BlackRock and @Fidelity if the SEC approves an innovation exemption for transfer agents. #Update #Crypto
Lutsk Authorities Shut $500K Fraud Call Center
Police dismantled a fraudulent call center in Lutsk, allegedly defrauding EU and Ukrainian citizens of $500,000 monthly through fake crypto investments; $30,000 and extensive equipment seized. #Breaking #Legal $BTC
Ripple Partners with SBI to Launch JPYSC Bonds
@SBIGroup expands its JPYSC stablecoin strategy by investing 1 billion yen in short-term Japanese government bonds, aiming for a supply of 20.1 billion yen amid regulatory changes. #Update #Crypto $JPYSC