Includes news and discussions about regulatory measures, legal challenges, and the legal environment affecting cryptocurrencies.
Kentucky has sued @Polymarket and @Kalshi for operating unlicensed sports betting platforms, accusing them of violating state laws. The legal battle intensifies as multiple states challenge prediction markets. #Update #Legal $POLY $KAL
A Michigan federal judge ruled against @Polymarket, stating sports prediction markets aren’t CFTC-regulated swaps; the case heads to the Sixth Circuit Court of Appeals. #Update #Legal
Rodney Burton, known as “Bitcoin Rodney,” pleaded guilty to running an unlicensed money-transmitting business tied to a $1.8B crypto fraud, facing up to five years in prison.
Rodney Burton, aka “Bitcoin Rodney,” pled guilty to running an unlicensed money-transmitting business tied to a $1.8B crypto fraud scheme, facing up to five years in prison.
U.S. Senate and House restrict Federal Reserve’s CBDC issuance until December 31, 2030, favoring private stablecoins amid privacy concerns. Seen as a win for cryptocurrency advocates. #Update #Crypto $USDC
US prosecutors propose a late 2026 retrial for Tornado Cash co-founder Roman Storm, who faces two charges after a jury deadlocked on others. #Update #Legal $TORN
@BitGo launches a crypto-as-a-service platform in Europe to comply with the EU’s MiCA regulations ahead of the July 1 deadline, aiding exchanges amid licensing uncertainties. #Update #Crypto $BTC
@BitGo offers MiCA-compliance solutions for crypto firms as the deadline approaches, with 75% of pre-MiCA firms expected to lose registration. Fees start at $2,000 monthly. #Update #Crypto $BTC $ETH
A bipartisan group of U.S. senators, led by @CynthiaLummis, urged the Treasury to allow state regulation of stablecoin issuers under the GENIUS Act, impacting most stablecoins except Tether and USDC. #Update #Legal $USDC
Tether signed a non-binding MoU with DMCC to explore USDT payment pilots and RWA tokenization through the DMCC Crypto Centre. #Update #Crypto $USDT
The US Commodity Futures Trading Commission (CFTC) appointed Donald Battle as chief data innovation officer, enhancing its focus on blockchain forensics amid evolving digital asset regulations. #Update #Crypto
@Binance asserts compliance with EU licensing requirements, warning that a potential rejection could reduce liquidity and introduce risks. #Update #Crypto $BNB
SEC Commissioner Hester Peirce asserts that publishing open-source DeFi code should not trigger federal securities regulations, emphasizing developer protection under the First Amendment. #Update #Crypto
@Binance may face customer service limitations in Europe if its regulatory license application in Greece is rejected, despite claims of compliance with MiCA requirements. #Update #Crypto $BNB
