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View More NewsCZ acknowledged that there is a gambling component to prediction markets, but he said that is also true in other financial markets.”With any financial instrument, there’s always some speculators,” he said. “The speculators actually provide the liquidity, so it’s good that you have that speculation.”Policy futuresThe U.S.’s potential signature crypto policy legislation — the Digital Asset Market Clarity Act (known as the Clarity Act) — may become a law by the end of the year if lawmakers can work out some remaining issues, including an ethics provision for government officials, chiefly the president.But he said the Clarity Act and other…
Republican Florida Gov. Ron DeSantis announced at a press conference Thursday that the state’s “Alligator Alcatraz” detention camp is shutting down after less than a year in operation. It’s a quiet end for a detention camp that the state of Florida opened last July with a splashy media rollout, including Alligator Alcatraz merchandise and tours by President Donald Trump and conservative social media influencers. But the hype faded as the camp, located on a remote airstrip in the middle of the Big Cypress National Preserve, racked up huge operating costs and numerous lawsuits—a sort of Fyre Festival of incipient authoritarianism.…
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6/26/2003: Justice Kennedy writes the majority opinion in Lawrence v. Texas. 6/26/2013: Justice Kennedy writes the majority opinion in U.S. v. Windsor. 6/26/2015: Justice Kennedy writes the majority opinion in Obergefell v. Hodges. Justice Anthony KennedyThe post Today in Supreme…
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It’s fitting that the embattled Keir Starmer resigned as prime minister of the United Kingdom almost exactly a decade after the Brexit referendum. More than anything else, it was that vote, on June 23rd 2016, which created Britain’s current political reality—a reality of which Starmer is just the latest victim.Perhaps the most ironic impact of Brexit is the fact that the United Kingdom has finally become a European country. By this I don’t mean that we’ve suddenly learned how to cook good food, or we’ve all become bilingual, or have embraced the siesta. We’re no more culturally European than we…
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The chair of the Spanish National Securities Market Commission reportedly said that there would be no extensions or waivers for crypto companies that did…
In brief Senators are looking for answers from CFTC Chairman Michael Selig about alleged deceptive marketing campaigns from Polymarket. The lawmakers are “concerned” the…
Just a couple weeks ago, the European Commission put out its plan for “European tech sovereignty.” It’s not surprising that Europeans are looking at…
New York, June 26, 2026—The Committee to Protect Journalists condemns the June 26 sentencing of Belarusian journalist Kyril Pazniak to three years and six months in prison, and…
Michelle Bond, the wife of former FTX executive Ryan Salame, will face illicit campaign finance charges after a judge rejected her argument that prosecutors…
Last week, a group of bipartisan lawmakers reintroduced the American Innovation and Choice Online Act (AICOA). Although it promises to deliver innovation and choice…
XRP’s push toward $1.25 ran into the same problem that has capped every rally since the spring selloff: sellers waiting overhead. After briefly trading…
Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets…
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People are excited about peptides. The internet is filled with claims: Peptides raise your energy, boost metabolism, clear your skin, slow down aging, build…
Any recovery in the crypto market is likely to take longer than traders expect because Wall Street investors and advisory firms are now focusing…
France’s national cybersecurity agency ANSSI said Tuesday that it will stop certifying security products that lack quantum-resistant encryption, reflecting growing concern among governments about…
