

This week in crypto law marks a significant shift as governments begin actively regulating digital assets rather than debating their existence. Key developments include the Senate advancing the CLARITY Act to clarify regulatory oversight, growing national security concerns shaping crypto regulation, and the SEC exploring tokenized stock trading. Additionally, the CFTC’s lawsuit against Minnesota highlights…

This week in crypto law highlighted a significant trend: digital assets are increasingly integrated into mainstream finance amidst rising jurisdictional disputes and systemic risks. Key developments include Goldman Sachs filing for a Bitcoin ETF, Pakistan allowing bank access for licensed crypto firms, and the Bank for International Settlements calling for global stablecoin regulation. Additionally, France…

New York has intensified its stance against crypto platforms by filing lawsuits against Coinbase and Gemini for operating prediction markets, which the state alleges constitute illegal gambling. The lawsuits argue that these platforms’ contracts are essentially bets on uncertain outcomes, rather than legitimate financial instruments, hence requiring state gaming licenses. This legal battle centers around…

The recent surge in prediction markets has coincided with the upcoming presidential election, as those seeking a supplement to traditional polling look to new methodologies. As election day draws closer, established prediction markets have seen their volumes skyrocket, while fresh players are jumping in to launch their own platforms. This sudden influx of companies offering…