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The Latest Breaking News from Yesha Yadav

Minnesota takes on Polymarket, Kalshi

The Commodity Futures Trading Commission is suing multiple states for trying to rein in Polymarket and Kalshi

Salon

On Polymarket, ‘privileged’ users made millions betting on war strikes and diplomatic strategy. What did they know beforehand?

The prediction market’s disciples and CEO believe its an unbiased way of knowing the future. But experts warn users could reshape the world to win big

The Guardian - US

Stablecoins will shake up the $900 billion remittance market—setting up a fight between crypto firms and legacy brands like Western Union

There is huge room for disruption in a money transfer industry where fees are often as high as 6%.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Stablecoin issuers like Circle and Tether are gobbling up more Treasuries than most countries. Here’s how that could reshape the U.S. economy

After Congress passed the Genius Act in July, stablecoins have gone mainstream.

Fortune

TD Bank execs presided over rampant money laundering, but no one is going to jail—for now

The decision comes less than a year after the DOJ sentenced Binance CEO Changpeng Zhao to four months in prison.

Fortune

Sam Bankman-Fried is guilty, and the industry he helped build wants to move on

As Sam Bankman-Fried prepares to go to prison for one of the largest financial frauds in history, the cryptocurrency industry is looking ahead to a future without its former "golden boy."

WEKU

A federal judge dismissed a lawsuit against Uniswap. What does it mean for the SEC’s case against Coinbase?

The same judge is presiding over the lawsuit against the crypto exchange as well as the indictment of Tornado Cash developers.

Fortune

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The future of crypto hinges on a fight between the SEC and a former burger flipper

A looming courtroom battle between the largest cryptocurrency exchange and the world's most powerful regulator promises to shape the future of crypto.

WEKU

Solana survived Sam Bankman-Fried. Can it survive Gary Gensler?

The risk for the blockchain is “potentially existential,” says one legal expert, but developers remain unfazed.

Fortune

'Financial criminals love crypto' and other takeaways from a Senate hearing on cryptocurrency

WASHINGTON — A Senate panel met Tuesday morning to hear from a trio of expert witnesses about what the federal government can do to create safeguards for digital assets such as cryptocurrency.

Los Angeles Times

Have celebs learned their lesson from the FTX debacle?

Strolling out of a football stadium, Tom Brady makes his pitch for the crypto trading platform FTX.

Los Angeles Times

The Bahamas' endangered status as a crypto hub

The Caribbean nation is setting up a battle with the U.S. to protect its reputation.

Fortune

Binance says 'proof of reserves' can restore trust in the crypto industry. What does that mean?

As the crypto industry faces a crisis of confidence, insiders argue over how to restore trust—and avoid a regulatory crackdown.

People

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