Crypto advocates join in suing Illinois over digital asset tax
The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax.
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Schwab to join prediction markets race with S&P 500 event-based options: WSJ
Charles Schwab is working with Cboe Global Markets to launch a new type of options contract that would allow customers to make yes-or-no wagers on the performance of the S&P 500, marking the brokerage’s first move into prediction markets, according to a Wall Street Journal… Read More
The SEC and CFTC join hands: State of Crypto
Though we’re still waiting on a lot of the formal rulemaking and proposed rulemaking from the federal securities and commodities regulators, last week’s memo is another sign that the SEC and CFTC are at least serious about signalling these efforts are coming. You’re reading State… Read More
Dan Romero and Varun Srinivasan join Tempo
Farcaster co-founders Dan Romero and Varun Srinivasan said Monday they are joining stablecoin-focused startup Tempo, signaling a pivot away from crypto-native social media and toward blockchain-based payments. The move follows last month’s acquisition of Farcaster by Neynar, a long-time infrastructure provider for the protocol that… Read More
ClearBank to Join Circle Payments Network, Expanding Access to MiCA-Compliant Stablecoins
ClearBank, a crypto-friendly neobank and regulated provider of Faster Payments in the U.K., plans to join the Circle Payments Network (CPN), linking its cloud-native banking platform to Circle’s blockchain-based infrastructure to speed up cross-border payments and offer access to regulated stablecoins. The move follows a… Read More