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In brief Kalshi has filed a federal lawsuit against New York regulators seeking to block the state from treating its sports prediction markets as illegal gambling. The suit came after an October 24 cease-and-desist letter from New York’s gaming commission threatening civil penalties unless Kalshi halted sports-event contracts. Judge Andrew P. Gordon previously denied Crypto.com’s injunction, the same judge who ruled in Kalshi’s favor in a similar case. Event-contract platform Kalshi filed a federal lawsuit against New York regulators on Monday, seeking to block the state’s gaming commission from treating its sports prediction markets as illegal gambling, striking preemptively just…
Citi Taps Coinbase in Push to Modernize Institutional Payments With Digital Assets Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Litecoin (LTC) is stepping back into the spotlight, positioning itself as more than just a digital asset but a reliable medium for everyday transactions. Recent reports reveal that global investment giant T. Rowe Price has filed for a crypto ETF that includes LTC, proving its credibility beyond retail markets. Moreover, Litecoin’s unique attributes are drawing interest from institutional investors and digital cash advocates as blockchain networks compete for dominance. With developments highlighting its scalability and long-term reliability, Litecoin could soon emerge as a serious contender for the…
In brief The California lawmaker announced plans to ban elected officials from owning or creating cryptocurrencies, calling it a response to corruption concerns. Khanna linked the proposal to President Trump’s pardon of Binance founder Changpeng Zhao, which he described as “blatant corruption.” He previously authored the 2023 Ban Congressional Stock Trading Act, aimed at preventing lawmakers from trading individual equities. Representative Ro Khanna (D-Calif.) announced Monday he is introducing legislation to ban elected officials from owning or creating cryptocurrencies.Speaking in an interview on MSNBC’s Morning Joe, republished on the legislator’s official YouTube channel on Monday evening, Khanna remarked on President…
Citi and Coinbase Join Forces to Bring Stablecoin Payments to Clients Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ayandeh Bank, one of Iran’s largest private lenders, was formally shut down by regulators on October 23, 2025, leaving millions exposed to uncertainty — a moment that revived talk about Bitcoin’s original warning against trusting banks too much. The Central Bank revoked the bank’s license after finding massive capital shortfalls and risky lending tied to a small group of insiders. The move has shaken confidence in a system already under strain. Regulator Moves To Protect Depositors According to the Central Bank, Ayandeh’s branches and customer accounts will…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Currently trading above $4,000, the Ethereum price is entering a make-or-break moment as corporate treasuries ramp up accumulation and retail ETF flows show signs of cooling. Related Reading: Solana Jitters Don’t Scare Whales As They Persistently Load Up On SOL – A Rally Ahead? While U.S. spot Ethereum ETFs logged a two-week outflow streak of approximately $555 million, a major corporate buyer stepped in, purchasing 19,271 ETH ($78.3 million) and lifting its total holdings to more than 859,000 ETH. Institutional Accumulation vs ETF Outflows Spot Ethereum ETFs…
AI agents want to handle your crypto wallet, but is it safe? Source link
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Japanese startup JPYC has launched the first stablecoin pegged to the yen, backed by domestic savings and Japanese government bonds. JPYC Is The First Yen-Backed Stablecoin In The World JPYC announced on Monday the launch of its yen-backed stablecoin, also called “JPYC.” A stablecoin is a cryptocurrency pegged to a fiat currency, and at present, the sector is heavily dominated by tokens tied to the US Dollar, with USDT and USDC alone accounting for the majority of the market. Japan is now also dipping into the space…
BitMine expands ETH holdings amid market rebound surge Source link
In brief Crypto exchange Gate is adopting an “All in Web3” strategy to position itself as a “full Web3 operating system,” CEO Dr. Han told Decrypt. The platform has launched a suite of products designed to form a “cohesive, secure, and high-performance Web3 stack.” Gate has added a Perp DEX, tokenized stocks, on-chain token launchpad Gate Fun, MPC-based multi-chain wallet “Gate Vault” and a new loyalty program, Future Points, as well as Gate Travel, enabling users to spend crypto on travel bookings. Crypto exchange Gate is blending the performance of centralized exchanges with “cutting-edge” decentralized infrastructure as part of a…