A group of US state lawmakers is pushing the Supreme Court to weigh the Kalshi case, a dispute that could affect how prediction markets tied to sports betting are regulated. On Tuesday, the National Council of Legislators from Gaming States…
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Why Are Canada’s Big Six Banks Testing Tokenized Deposits?
Canada’s six largest banks are moving ahead with a joint effort around tokenized deposits, aiming to improve how money moves between financial institutions in the country. TD Bank announced Tuesday that Bank of Montreal, Canadian Imperial Bank of Commerce, National…
How Did Hana Digital Bond Cut Settlement Time to One Day?
Hana Bank completed South Korea’s first direct digital bond issuance by a Korean financial institution using Euroclear’s distributed-ledger infrastructure, according to a Monday report from Yohnap Agency. The Hana digital bond was issued in foreign currency and sized at $100…
Why Will ECB Tokenized Bonds Use Pontes Platform by 2028?
The European Central Bank is moving ahead with an ECB tokenized bonds plan that would give the institution direct exposure to blockchain-based financial markets. The central bank said it plans to invest a small part of its reserves in euro-denominated…
Can Won Settlement Pilot Aid Foreign Investors Abroad?
The Bank of Korea has begun a new won settlement pilot designed to let foreign investors handle won transactions outside South Korea’s usual banking hours. The network started trial operations on Monday and is intended to support settlement during business…
Why Did the Clarity Act Fail in a 49-50 Senate Vote?
The Clarity Act setback has left the U.S. crypto industry without the federal market structure framework many had sought, after the Senate voted 49-50 against advancing the bill. That result means crypto policy in the United States remains shaped largely…
Why Do 26 Polymarket South Korea Users Face Charges?
Polymarket South Korea has moved into a legal dispute after police opened cases tied to roughly 17.6 billion won in wagers on political, economic, and social outcomes. Data disclosed on September 17 through Democratic Party lawmaker Yoon Geon-young’s office showed…
Will Clarity Act Setback Shift Crypto to Regulators?
The Clarity Act became the center of a bruising week in Washington after the Senate failed to move the market structure bill forward. The final tally was 49-50, far short of the 60 votes needed after more than a year…
What Comes Next for CFTC Crypto Rules After Senate Delay?
The latest move on CFTC crypto rules came after the Senate failed to pass the Clarity Act earlier this week, pushing the agency to advance under its own authority. On Thursday, the Commodities and Futures Trading Commission submitted a new…
Will UK Crypto Enforcement Tighten Before 2027 Rules?
UK crypto enforcement moved into sharper focus after Britain’s Financial Conduct Authority said it acted against three illegal peer-to-peer crypto trading locations in London. The operation was carried out with HM Revenue & Customs and the Metropolitan Police, and the…