[Update 11:45 UTC, July 31: Adds Kalshi’s response in the sixth and seventh paragraphs.] New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on […]
Key Takeaways The Fed held rates at 3.50% to 3.75% on July 29 in a 9-3 vote with three dissents.CME Fedwatch odds for a September 16 hike rose to 61.4%, up from 50.6% a month […]
Hungary is rolling back strict crypto rules as CoinCash prepares to resume services after receiving authorization under the European Union’s Markets in Crypto-Assets (MiCA) regulation. The Hungarian Parliament voted to repeal the country’s crypto validator […]
Key Takeaways Kalshi puts Fed hold odds at 73% ahead of the July 29 FOMC decision.Citadel Securities’ Frank Flight bets on a surprise 25 bps hike, breaking from Wall Street consensus.Trump called Warsh fantastic on […]
European authorities added 15 crypto companies including a BNY Mellon unit to the Markets in Crypto-Assets (MiCA) framework register in the third update of regulated providers since the July 1 transitional deadline. With the European […]
Key Takeaways Argentina’s Central Bank directed private banks to process US dollar wages, expanding financial options.The policy targets dollar-earning firms, allowing them to formalize previously informal foreign payments.Adoption of this measure relies heavily on worker […]
Financial services giant Western Union is targeting May for the rollout of its new stablecoin as part of a crypto plan that includes its digital asset network and US dollar stable card. “Over the last […]
Key Takeaways Strategy unveiled new bitcoin metrics July 24, including Net BTC and BTC Hurdle ARR.Strategy holds 843,775 BTC bought for $63.69 billion at an average $75,476 per coin.BTC Floor ARR now shows the minimum […]
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added more Bitcoin last week as BTC traded above $77,000. Strategy acquired 3,273 Bitcoin for $255 million between April 20 and 26, according to an 8-K […]
The digital euro is one of Europe’s most contentious financial projects. Supporters see it as a way to preserve the bloc’s monetary sovereignty, reduce its reliance on foreign payment providers, and ensure central bank money […]
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