Stephanie Cutter will join the prediction markets company as a policy adviser, having previously worked in Democratic lawmakers’ campaigns.Predictions market platform Kalshi announced that a former staffer of US President Barack Obama had joined the company as a policy adviser.In a Thursday notice, Kalshi said Stephanie Cutter would join the prediction markets company from Precision Strategies, a communications firm she co-founded in 2013. Kalshi said the addition of Cutter came as the company planned to “deepen its relationships in DC and across the country.”Source: Stephanie CutterAccording to Kalshi co-founder and CEO Tarek Mansour, Cutter’s experience allowed her to “get [the]…

In brief Cambodia’s National Assembly has passed a draft law to tackle cyber crimes as part of a push to shut down scam compounds. The law would impose sentences of 15-30 years or life for scam bosses, with harsher penalties tied to deaths or violence. Scam compounds in Southeast Asia drive billions in global fraud, using crypto for cross-border movement and laundering. Cambodia has moved to impose some of the world’s toughest penalties on online scam operations, many of which are powered by crypto—but experts warn the crackdown is more likely to “displace the industry than destroy it.”The country’s National…

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