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Economic observers are concerned over Trump’s tariff policy, which has markets worried about a possible recession. US President Donald Trump introduced a slew of tariffs on April 2, sending markets into a tailspin and dividing crypto observers as to their possible long-term effects. At a special event at the White House, Trump signed an executive…
Bills to create Bitcoin reserves have been introduced in 26 states, with Arizona currently the closest to passing a law. Lawmakers in the US states of Minnesota and Alabama filed companion bills to identical existing bills that if passed into law, would allow each state to buy Bitcoin. The Minnesota Bitcoin Act, or HF 2946,…
Lawmakers and even some crypto advocates are concerned about “regulatory capture” — the effect large crypto firms are having on the legislative process. The crypto industry’s sway in Washington DC has made it more likely that the industry will get beneficial legislation, but it’s also creating problems. Concerns of regulatory capture — a situation in…
Kalshi argues that its event contracts provide traders with a hedge against market risks and are not gambling or betting products. Prediction market Kalshi filed a lawsuit against the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement after both state regulators sent cease and desist orders for the firm to pause…
Corporate Bitcoin adoption remains limited by Europe’s “fragmented” regulatory regime and a smaller liquidity pool than the United States. Institutional adoption of Bitcoin in the European Union remains sluggish, even as the United States moves forward with landmark cryptocurrency regulations that seek to establish BTC as a national reserve asset. More than three weeks after…
Anthony Scaramucci called NAYG’s lawsuit against Galaxy Digital “lawfare,” while another crypto executive said the particular law was so unusual he had to look it up on ChatGPT. The New York State Attorney General’s (NAYG) recent legal action against Galaxy Digital over its promotional ties to the now-collapsed cryptocurrency Terra (LUNA) was unfair and an…
A Texas judge found Logan Paul “sufficiently alleged” Stephen Findeisen made defamatory remarks about CryptoZoo, and his lawsuit should go ahead. Influencer Logan Paul should be allowed to continue a lawsuit accusing the YouTuber known as “Coffeezilla” of making defamatory remarks about Paul’s failed CryptoZoo project, a Texas magistrate judge said. In a March 26…
From the SEC dropping cases to Trump’s rumored crypto tax breaks, this episode of The Clear Crypto Podcast dives into the legal and regulatory changes reshaping the crypto industry. In the rapidly evolving world of cryptocurrency, regulatory shifts, legal battles and groundbreaking policy proposals are shaping the industry’s future. The premiere episode of The Clear…
Financial institutions are also positioning themselves for upcoming US stablecoin legislation, which may be finalized in the next two months. Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration. The $5.8…
Blynex co-founder Mike Baskes claimed that the liquidation was a part of their “automated risk management system.” Learn-to-earn platform Dohrnii Labs has filed a police report in the United Arab Emirates, accusing local crypto exchange Blynex of liquidating its tokens without authorization and failing to deliver a promised loan. According to a statement shared with…