Law and Order
Nevada Becomes First State to Ban Prediction Market Kalshi—At Least for Now
Kalshi’s sports, politics, and entertainment prediction markets will be banned in Nevada for at least the next 14 days.Gemini Faces Class-Action Suit Over Prediction Market Pivot, Plummeting Stock Price
Shareholders claim the Winklevoss twins failed to disclose plans to shift Gemini’s focus, and overstated the viability of its ambitions.Kentucky Senate Urged to Strip Hardware Wallet Provision From Crypto Bill
A crypto kiosk bill in Kentucky includes language that could effectively outlaw self-custody, drawing industry backlash.Democrats Press Meta Over Facial Recognition Plans for Smart Glasses
Lawmakers are citing privacy risks tied to wearable AI and are asking how Meta intends to secure consent from both users and ...Arizona Files Charges Against Kalshi, Calling Prediction Market an ‘Illegal Gambling Operation’
Prediction market platform Kalshi was hit with 20 criminal charges in Arizona, which alleged that it’s an “illegal gambling operation.”Sheriff’s Deputy Sentenced for Extorting Rivals of Self-Styled Crypto ‘Godfather’
He used his badge to intimidate rivals of the self-titled crypto “Godfather.” Now he’s headed to prison for more than five years.Australia Senate Panel Backs Crypto Framework in Latest Regulatory Push
The proposal would bring crypto platforms and custodians under Australia’s financial-services law, requiring operators that hold client tokens to obtain licences and ...BlockFills Entities File Bankruptcy After Withdrawals Halted, Court Froze Bitcoin
The filings come as the company faces a lawsuit alleging it commingled client crypto assets and refused to return client funds.Traders Flip Senate Control Bet as Democrats Overtake Republicans on Kalshi, Polymarket
Prediction markets tracking Senate control have swung sharply in recent weeks as traders reassess political risk amid escalating tensions in Iran.How Florida’s Stablecoin Bill Mirrors ‘Big Brother’ Tools Outlawed Under Ron DeSantis’ CDBC Ban
The governor, who opposes CBDCs, appears poised to sign a regulatory framework for stablecoins in Florida.
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