Latest updates, press releases, and insights from the volatile world of digital assets.
A U.S. district judge granted a preliminary injunction preventing enforcement of the state law against CFTC-registered platforms, preserving operations for Kalshi and Polymarket while litigation continues
New York Attorney General Letitia James told Congress the federal market structure bill risks limiting state enforcement as Senate leaders weigh a possible floor vote before the August recess
Authorities froze assets valued at up to R$1 billion after dismantling a network accused of shipping 6.5 tons of cocaine to Europe and moving illicit funds through digital assets and shell firms
UK payments firm Wise will reapply for a US national trust bank charter using the GENIUS Act framework after the OCC rejected its initial application over compliance shortfalls
The nation’s largest police labor group reversed course to back the digital asset market structure legislation after lawmakers addressed enforcement concerns, as industry groups also push for Senate action
Democrats reject GOP ethics language on presidential crypto ties as industry groups urge floor action and Majority Leader Thune questions the timeline
SEC Commissioner Hester Peirce cautioned that certain decentralized finance vaults and lending products could fall under federal securities laws based on their design and management practices
Key Democratic senators have expressed dissatisfaction with the latest draft of the Digital Asset Market Clarity Act, citing insufficient protections on ethics, illicit finance, and market integrity despite Republican efforts to incorporate presidential input
Federal prosecutors have filed civil complaints targeting cryptocurrency linked to multiple international fraud operations that victimized people across the U.S. and Canada, adding to a major recovery effort by a dedicated task force
A Washington state judge has granted a preliminary injunction against prediction market operator Kalshi, ruling its sports event contracts likely violate state gambling laws despite federal CFTC oversight. The decision, effective no earlier than August 5, highlights growing tensions between state regulators and federally regulated platforms
