U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.…
Some U.S. Senate Democrats come out against Clarity Act, calling it a 'corrupt' bill
Certain Democrats are taking an increasingly rigorous stand against the crypto market structure bill, which needs a significant number from their party to…
The Clarity Act isn't a ticket to sanctions evasion, actually
The bill, as currently drafted, has the power to stop sanctions evasion at scale, argues Ari Redbord, global head of policy at TRM Labs. Source:CoinDesk
UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach
The change in tax policy, expected to impact about 700,000 people in the UK, was related to the disposal of crypto in lending and liquidity pools.…
Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
Wikipedia observes guidelines on crypto coverage that date back many years and may now be outdated, according to the report. Source:CoinDesk
U.S., UK move to align rules for tokenized finance across world's largest financial markets
The joint roadmap aims to reduce regulatory friction for tokenized assets while strengthening ties between the world's two largest financial centers.…
UK Treasury report on tokenization cites Ripple as convergence model
A Treasurybacked report targets putting repo, gilts and funds onchain within two years, and warms to permissionless networks that firms like Ripple have been…
Wall Street transfer agents lobby SEC, warning that third-party tokens pose risks to market integrity
The Securities Transfer Association, an industry group for transfer agents, said companyauthorized tokenization should receive preferential treatment under…
Signs of life?: State of Crypto
Several sources told CoinDesk that a new draft of the Clarity Act may drop this week, but challenges remain. Source:CoinDesk
U.S. government digital dollar set to be banned tonight under housing law's CBDC limit
Despite President Donald Trump's refusal to sign Congress' bipartisan housing bill, it's set to go into effect at midnight, and its temporary CBDC ban along…
A16z’s Andreessen lands Federal Reserve role as AI reshapes policy debate
The Fed named a16z cofounder Marc Andreessen to colead an AI productivity and jobs task force under Chair Kevin Warsh’s policy review. Source:Cointelegraph
New Hampshire snuffs out trailblazing state-government bitcoin bond effort
At its last stage for government approval, the state's executive council rejected the bond project 32. Source:CoinDesk