Policy

Federal prosecutors have charged a Green Beret with using classified intelligence to earn more than $400,000 on Polymarket, marking the first DOJ prosecution of insider trading on a prediction market.

A coalition including Coinbase, Kraken, Circle, and Andreessen Horowitz sent a joint letter to the Senate Banking Committee demanding a markup of the Digital Asset Market Clarity Act — the bill that would finally draw jurisdictional lines between the SEC and CFTC.

Donald Basile allegedly raised $16 million from hundreds of investors by promising the world's first insured digital asset. No insurer ever issued the policy, and the token is now worthless.

Faryar Shirzad told Fox Business that the Senate Banking Committee could mark up the bill this month, with a floor vote following in May — a timeline the committee's own chairman has yet to confirm.

CFTC Chairman Mike Selig told the House Agriculture Committee that Microsoft Copilot and new AI surveillance tools are compensating for a 23 per cent staffing reduction at the agency now responsible for overseeing both crypto spot markets and prediction platforms.

The Ministry of Economy and Finance will pilot blockchain-based deposit tokens for government procurement in Sejong City during Q4, part of a broader plan to digitise a quarter of all treasury fund executions by 2030.

Liberal Democrat deputy leader Daisy Cooper has asked the Financial Conduct Authority to investigate whether Nigel Farage's promotional video for Stack BTC amounts to market abuse, given his 6% equity stake in the company.

Emmanuel Macron delivered the opening address at Paris Blockchain Week on Tuesday, calling for the rapid development of euro-denominated stablecoins and a digital euro to counter the dollar's near-total grip on the tokenised money market.

Kevin Warsh's ethics filing reveals stakes in DeFi protocols, Ethereum scaling networks, a Bitcoin Lightning startup, and prediction markets — all of which he must divest before taking the job.

The European Central Bank's formal endorsement of centralised crypto oversight threatens the licensing arbitrage that has made Ireland, Luxembourg and Malta the preferred jurisdictions for exchanges seeking the easiest path to MiCA compliance.

Representatives Horsford and Miller have reintroduced the PARITY Act, a revised crypto tax bill that applies stock-market wash sale rules to digital assets while offering tax deferral on staking and mining rewards.

The FDIC has approved proposed rules requiring stablecoin issuers to honour redemptions within two business days, maintain one-to-one reserve backing, and meet capital and risk management standards — while explicitly excluding stablecoin holders from deposit insurance protection.

Three Democratic senators have opened a formal probe into the 25 April Mar-a-Lago event that sells access to President Trump based on holdings of his personal memecoin, demanding documents from promoter Fight Fight Fight LLC by 21 April.

The Hong Kong Monetary Authority handed its inaugural stablecoin issuer licences to HSBC and Anchorpoint Financial on Friday, selecting two winners from a field of 36 applicants and clearing the path for the city's first bank-issued HKD stablecoins within months.

In an extraordinary intervention, the DOJ and CFTC have asked a Phoenix judge to halt Arizona's criminal case against prediction market Kalshi, arguing that sports and election event contracts are swaps under federal law and beyond the reach of state gambling statutes.

The US Treasury will share the same cyber-threat intelligence it distributes to traditional banks with qualifying crypto exchanges, custodians and wallet providers, in an admission that digital assets are now inside the perimeter of core financial infrastructure.

Implied volatility on bitcoin options has fallen to its lowest level since January even as March CPI is expected to hit 3.4% year-on-year, up from 2.4% in February, driven by the Iran war energy shock.

South Korea's financial regulators have ordered all domestic crypto exchanges to adopt standardised withdrawal delays and eliminate individual exemption policies, a move designed to disrupt voice phishing scams that exploit the speed of crypto transactions.

The State Administration of Taxation and the National Financial Regulatory Administration jointly issued guidelines on 5 April that embed blockchain into the country's bank-tax data infrastructure, with a nationwide rollout targeted for 2029.

Risk assets reversed sharp losses within hours after the US president stepped back from a threat to annihilate Iranian infrastructure, accepting a Pakistani-brokered pause that sent oil tumbling 8 per cent from session highs.