CFTC Blocks Kalshi From Cancelling Michigan Sports Trades Ordered Voided
The Commodity Futures Trading Commission has stopped Kalshi from liquidating sports event contracts that a Michigan court ordered cancelled and refunded. The intervention leaves Michigan’s restriction on new sports trades intact while opening a direct federal-state confrontation over who controls transactions already executed on a regulated derivatives exchange. Federal order protects completed trades, not new […] Powered by...
EU’s Top Court: Geo-Blocking Protects Publishers in Copyright Disputes, VPNs Not Liable
The Diary of Anne Frank is widely regarded as one of the best-known literary works in history. While the diary’s importance is universally recognized, the accessibility of its digital manuscripts has been at the center of a Dutch copyright battle that eventually made its way to the Court of Justice of the European Union (CJEU). The legal dispute was triggered by differences in copyright protection terms in the EU. Parts of Anne...
Stripe and Advent Offer $53 Billion for Paypal: Here’s What It Means for Crypto Payments
Payments processor Stripe and private equity firm Advent International have offered to buy Paypal for more than $53 billion, a 28% premium to Tuesday’s close. A deal would unite two of the most aggressive stablecoin players in fintech. A Massive Bid For the Payments Giant Reuters reported the exclusive earlier today, citing sources familiar with […] Powered by...
Morgan Stanley Updates Ethereum and Solana ETF Filings as Coinbase Takes Custody and Staking Role
Morgan Stanley has filed fresh amendments to its spot ether and solana exchange-traded fund (ETF) applications, naming Coinbase as custodian and staking facilitator. The updates mark the banking giant’s third round of revisions since its January debut filings. An Update With Major Implications The Wall Street bank updated its S-1 registration statements for the proposed […] Powered by...
Taiwan Lawmaker Puts Bitcoin Reserve Odds at 80% in Five Years: Here’s His Roadmap
Taiwanese legislator Dr. Ko Ju-chun says there is “roughly an 80% chance” Taiwan establishes a strategic bitcoin reserve within five years if political conditions align and close to 100% within ten. Ushering in Serious Change Dr. Ko, an at-large member of Taiwan’s Legislative Yuan and vice co-chair of the legislature’s US-Taiwan Caucus, has emerged as […] Powered by...
