CLARITY Act Faces Senate Clock as Law Enforcement Pushes Back on DeFi Exemption
The White House invited law enforcement groups opposing the Digital Asset Market Clarity Act to a Monday meeting to resolve objections to Section 604, the...
Tag : law
Kalshi blasts Illinois sports betting law with fresh lawsuit
Kalshi has filed a federal lawsuit challenging a new Illinois law that would require prediction market platforms offering sports event contracts to obtain state licenses...
DOJ challenges law enforcement claims over CLARITY Act loopholes
The U.S. Department of Justice has rejected warnings from four major law enforcement organizations, arguing that the CLARITY Act would not weaken criminal investigations and...
What is the CLARITY Act? The crypto law explained in plain english
For a decade, no one could say whether a crypto token answered to the SEC or the CFTC, and the uncertainty defined the industry. The...
Crypto tax in Illinois FY2027 budget is one step away from becoming law
Some digital asset industry advocates are pushing back against a provision in a $56 billion state budget passed by the Illinois General Assembly on Monday,...
AI Lawyers Are Already Better Than Law Professors at Reasoning—Say Law Professors
In brief Law professors preferred AI-generated contract law answers over those written by fellow professors about 75% of the time. AI responses were flagged as...
World Cup Crypto Scams Are Targeting Soccer Fans, Law Enforcement Warns
In brief Scammers are using fake FIFA websites and ads to steal money and personal information, law enforcement agencies have warned. Cryptocurrency payments are a...
Spain Blocks Prediction Markets Kalshi, Polymarket for Potential Gambling Law Violations
In brief Spain blocked the Polymarket and Kalshi websites as it investigates potential gambling violations. The nation joins a growing list of countries like Indonesia...
FTX law firm Fenwick & West to pay $54M to victims in settlement
Fenwick & West LLP, the principal law firm that advised former cryptocurrency exchange FTX, agreed on Friday to pay $54 million to settle a 2023...
Nashville freshman Rep pushes Bitcoin reserve bill into law
A Bitcoin reserve bill to codify Trump’s executive order gained a Nashville champion. Summary Rep. Matt Van Epps framed the American Reserve Modernization Act as...