Prediction markets should dial back faulty filings for incentives to boost trading: CFTC
The U.S. regulator of platforms such as Kalshi and Polymarket suggests the industry is getting into bad compliance habits that may allow for market abuse.…
Morgan Stanley's infrastructure partner Zerohash rebuffed in pitch to be U.S. trust bank
Zerohash, which handles crypto plumbing for Morgan Stanley's ETrade, said it's planning on refiling and hoping for a swift resolution. Source：CoinDesk
FlightAware drops Kalshi lawsuit over a market niche that data shows it never took off
The flighttracking company voluntarily dismissed, without prejudice and without sharing a motive for its decision. However, the flight cancellation market…
Crypto companies urge AI firms to give Bitcoin developers early access
The Bitcoin Policy Institute and other industry participants urged AI companies to offer early access to their frontier models to aid Bitcoin and opensource…
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sportsrelated prediction markets. Source：CoinDesk
Australian watchdog suspends Cryptolink, forcing 96 ATMs offline
The regulator cited missing transaction reports and the company’s failure to respond to an information request. Source：CoinDesk
FlightAware sues Kalshi over bets on flight cancellations
The flighttracking company alleges Kalshi used its data and trademark without permission to settle contracts on canceled flights. Source：CoinDesk
UK lawmakers question lenders over lack of banking for the country’s crypto firms
The U.K.’s Crypto and Digital Assets AllParty Parliamentary Group asked banks to explain their approach to providing banking services to crypto and digital…
U.S. SEC sets meeting to propose Reg Crypto to support certain digital assets offerings
The Securities and Exchange Commission will vote this week to start its first major crypto rulemaking process. Source：CoinDesk
Is Clarity's delay a blessing in disguise?: State of Crypto
The crypto industry is angry and disappointed that the Senate is not holding a procedural vote on the Clarity Act this month, but that isn't the worst possible…
U.S. Senate opens first stage of crypto Clarity Act voting to give bill a chance next month
The majority leader opened the multistage process the Senate follows when trying to get a bill over its 60vote hurdle, so it's still got a shot in September.…
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
The exchange has secured a preliminary injunction freezing stolen assets. Source：CoinDesk