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The U.S. Commodity Futures Trading Commission (CFTC) has launched an investigation into Crypto.com and Kalshi over their compliance with regulations related to event-based contracts, specifically those linked to the Super Bowl. The probe comes amid growing regulatory scrutiny over the expanding market for crypto-powered event wagering and prediction markets. Why Is the CFTC Investigating? Both Crypto.com, a major cryptocurrency exchange, …

In a significant move to regulate its growing crypto mining industry, Russia’s Energy Ministry has proposed the creation of a “National Registry of Crypto Mining Hardware”. This initiative comes as the government seeks to monitor and control energy consumption linked to cryptocurrency mining, a sector that has boomed due to Russia’s relatively cheap electricity. Why Is Russia Creating a Crypto …

In a major escalation of its efforts to collect unpaid taxes, districts across Seoul have begun targeting cryptocurrency assets as part of a broader crackdown on tax evasion. The move signals South Korea’s increasingly aggressive stance on regulating digital assets, as local governments seek to clamp down on crypto holders suspected of underreporting their earnings. Why Are Seoul Districts Focusing …

In a move aimed at strengthening the U.S. economy, President Donald Trump has signed an executive order calling for the creation of a U.S. Sovereign Wealth Fund (SWF). The new fund is designed to manage and invest national savings, with the goal of providing long-term financial stability and enhancing economic growth. This bold initiative comes as the U.S. continues to …

In an ambitious move to position Ohio as a leader in cryptocurrency adoption, a state lawmaker has introduced a second bill aimed at creating a state-run Bitcoin reserve. This proposal, which builds upon a previous attempt, seeks to establish Ohio as one of the first states in the U.S. to officially hold and manage Bitcoin as part of its state …