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Sen. Hagerty's stablecoin regulation draft aims for clarity, echoes House bill framework

The draft closely resembles the Clarity for Stablecoins Act worked on in the House of Representatives by Rep. Patrick McHenry, R-N.C., and Maxine Waters, D-Calif. “It is Senator Hagerty’s version of McHenry-Waters,” spokespeople for Sen. Hagerty said in an emailed statement to The Block.

theblock.co • 10/10/2024 - 21:58 PM

'Prediction markets work better' for forecasting elections, Kalshi CEO Tarek Mansour says

Kalshi CEO Tarek Mansour argues prediction markets are more reliable than polls for forecasting elections, citing real-time information and recent legal victories allowing election betting.

theblock.co • 03/10/2024 - 20:31 PM

'Prediction markets work better' for forecasting elections, Kalshi CEO Tarek Mansour says

Kalshi CEO Tarek Mansour advocates for prediction markets over polls for election forecasting, citing their real-time accuracy and recent legal victories in offering election betting.

theblock.co • 03/10/2024 - 20:31 PM

Crypto legislation unlikely to gain traction before the end of the year: TD Cowen

Crypto legislation may not advance before 2024, with stablecoin regulation having the best chance. Senate race funding could complicate legislative progress for the crypto industry.

theblock.co • 30/09/2024 - 15:17 PM

Republican control of Senate would benefit digital assets, says Sen. Lummis

Sen. Cynthia Lummis believes a Republican Senate would favor digital assets, highlighting positive impacts of Tim Scott's potential chairmanship of the Banking Committee and calls for clearer crypto regulations.

theblock.co • 27/09/2024 - 15:49 PM

US Foreign Affairs Committee passes resolution demanding Binance exec Tigran Gambaryan's release in Nigeria

The U.S. House Foreign Affairs Committee passed a resolution calling for the immediate release of Binance executive Tigran Gambaryan from Nigerian custody due to health concerns.

theblock.co • 26/09/2024 - 21:26 PM

Donald Trump-backed World Liberty Financial Project draws skepticism from crypto advocates and critics alike

Critics and advocates agree Trump's World Liberty Financial project in crypto raises concern for transparency and potential regulations, with notable skepticism from both political and crypto communities.

theblock.co • 18/09/2024 - 22:06 PM

Tensions flare at US House hearing after firms get SEC's sign off to custody crypto, while others still say it's impossible

U.S. lawmakers criticize SEC's crypto regulation approach, highlighting tensions over compliance, licensing, and the impact on innovation while questioning the agency's motives and enforcement practices.

theblock.co • 18/09/2024 - 16:51 PM

In letter to Gensler, Republicans urge SEC to clarify how it treats crypto airdrops

Top GOP lawmakers seek clarity from the SEC on airdrop regulations, accusing it of stifling innovation and demanding answers from SEC Chair Gensler by September 30.

theblock.co • 17/09/2024 - 21:07 PM

CFTC Chair Behnam warns of election betting risks, says agency is keeping an eye on offshore prediction markets

Putting the CFTC in the role of overseeing election contracts could have negative impacts, CFTC Chair Rostin Behnam said during an event at Georgetown University. Behnam said the agency was “observing any activity that’s occurring offshore that is providing exposure to U.S. customers.”

theblock.co • 17/09/2024 - 18:05 PM

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