Kalshi Sues Illinois Over New Prediction Markets Law
Kalshi files lawsuit against Illinois and Governor Pritzker challenging a new state regulatory framework for prediction markets.
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Original coverage across the crypto market, updated daily.
Kalshi files lawsuit against Illinois and Governor Pritzker challenging a new state regulatory framework for prediction markets.
New York man Noman Saleem gets 15 months in prison for fake staking scheme on Telegram.

A regulatory filing suggests tokenized equity would be settled via existing Wall Street infrastructure.

BitGo's Bielik acquisition signals a trend where smaller platforms use regulated custody to comply with MiCA.

Proposed FCC rule requiring carriers to retain customer data could expand attack vectors for crypto theft.

Governor Greg Abbott wants to end a costly tax exemption and require data centers to fund the electricity grid they strain.
The Digital Asset Market Clarity Act aims to establish a federal framework for crypto regulation in the United States.

A federal judge has rejected Michelle Bond's attempt to dismiss charges linked to an FTX-funded congressional campaign.
Kentucky filed lawsuits against prediction market platforms Kalshi and Polymarket, accusing them of offering unlicensed sports gambling.

Oman has introduced Omanhash.om as the official mining pool for licensed crypto miners, marking a sovereign push into Bitcoin mining oversight.
Greece is reportedly poised to reject Binance's MiCA license application, potentially forcing the crypto exchange to leave the European Union.
India has ordered internet providers to block Telegram until June 22 after alleged cheating rackets used the platform ahead of the NEET re-exam.
Investment firm Benchmark says the SEC's plan to rescind two key market rules is the most impactful U.S. crypto regulatory move this year.
Trump's Iran ceasefire agreement reopens the Strait of Hormuz but postpones resolution of enrichment and missile issues.

CFTC staff has issued no-action relief that may pave the way for perpetual futures on digital commodities.

Former SEC lawyers say the agency's use of exemptive authority for tokenization lacks the durability of a formal rule.

Galaxy Digital's Alex Thorn argues removing Rule 611 would eliminate a key barrier for tokenized equities on decentralized exchanges.

A campaign attack ad using AI-generated deepfake footage in Minnesota raises ethical and regulatory questions.

South Korea's national police force will use Chainalysis tools to tackle crypto-related crimes, including state-linked threats from North Korea and retail scams.

Joint comment urges FinCEN and OFAC to refine AML and sanctions rules for stablecoin issuers.
A House committee hearing on digital asset taxation showed splits over how quickly Congress should act.
Elizabeth Warren and Bernie Sanders lead calls for protections as automation concerns mount.
David Sacks compared AI safety concerns to 'the new Climate Change', suggesting overblown narratives.

Galaxy Digital downgrades likelihood of crypto bill passing Senate due to tight pre-election schedule.