KaneCrypto
Crypto News
12 articles
legal-and-complianceUS Senator Proposes Ban on Congress Members Creating Their Own Digital Assets
Senator Kirsten Gillibrand proposed banning US lawmakers and their spouses from issuing or sponsoring personal digital assets to prevent conflicts of interest.
legal-and-complianceDefendant Moves to Dismiss Lawsuit Over 39,069 Dormant Bitcoin Wallets Worth $229 Billion
A defendant has filed to dismiss a New York lawsuit seeking ownership of 39,069 dormant Bitcoin wallets worth $229 billion, CoinTelegraph reports.
crypto-exchangeCrédit Agricole's CACEIS Unveils Euro-Pegged Stablecoin EURXT on Ethereum
Crédit Agricole's CACEIS has launched EURXT, a euro-pegged stablecoin on Ethereum, issuing over 20 million tokens to target institutional investors.
crypto-exchangeUK Investors Sue Binance and CEO Over $200 Million Crypto Losses
UK crypto investors have filed a $200 million lawsuit against Binance and its CEO over losses from derivatives trading.
legal-and-complianceMassachusetts AG Expands Lawsuit Against Kalshi Over Underage User Targeting
The Massachusetts Attorney General expanded its lawsuit against Kalshi over allegations of marketing to users under 21, highlighting regulatory concerns about youth targeting in trading platforms.
government17 Democratic Senators Criticize CFTC Lawsuit Funding Over Prediction Markets
Seventeen Democratic senators have criticized the CFTC's funding for lawsuits against prediction markets, calling it an assault on state authority.
daily-financeUS Federal Reserve Barred from Issuing CBDC Until 2030, Stablecoins Exempted
The US Federal Reserve is barred from issuing a CBDC until 2030, with stablecoins exempted, while AUD/USD hits a three-month low amid inflation data focus.
legal-and-complianceHut 8 Settles Investor Lawsuit Over U.S. Bitcoin Merger with $2.35 Million Payment
Hut 8 will pay $2.35 million to settle an investor lawsuit linked to a U.S. Bitcoin merger, highlighting legal risks in the crypto sector.
legal-and-complianceUS Senate Blocks Federal Reserve CBDC Launch Until 2030 in Housing Bill
The US Senate passed a housing bill that bans the Federal Reserve from issuing a CBDC until 2030, signaling cautious regulatory stance on digital currencies.
CME Group Sues CFTC Over Classification of Crypto Futures as Swaps
CME Group has filed a lawsuit against the CFTC and Chair Michael Selig over the classification of cryptocurrency futures as swaps, according to CoinTelegraph.
Kentucky Takes Legal Action Against Platforms Offering Sports Event Contracts
Kentucky has filed a lawsuit against Polymarket, Kalshi, Coinbase, Robinhood, and Webull for offering sports event contracts in the state, reflecting mounting regulatory scrutiny on such financial products.
Sui Foundation says ‘major upgrade’ fixed bugs behind three outages
The Sui Network's first two outages were caused by bugs introduced in its 1.72 update, while an interim fix deployed to restore the blockchain triggered the third. Read the full article at CoinTelegraph →