State Street unveils stablecoin fund as GENIUS Act reshapes reserves
State Street has launched a government money market fund tailored for stablecoin issuers as new U.S. regulations begin to define how reserve assets can be...
Tag : state
Senators urge Treasury ensure state authority in GENIUS application
A bipartisan group of US senators led by Republican Senator Cynthia Lummis has urged the Treasury to ensure that state authorities are given the ability...
State Street launches GENIUS Act-aligned money market fund for stablecoin reserves
State Street Investment Management has launched a money market fund designed for stablecoin issuers, offering a vehicle for holding reserve assets under the framework established...
BBB refers prediction market Kalshi to state regulators over ad inquiry
The Better Business Bureau’s (BBB) National Advertising Division (NAD) is referring prediction market platform Kalshi to regulatory authorities after the company declined to participate in...
U.S. judge blocks Trump’s $100,000 H-1B visa fee after state challenge
A federal judge has blocked President Donald Trump’s order imposing a $100,000 fee on H-1B visa applications. The ruling gives relief to U.S. technology companies...
Crypto PAC-supported candidates sweep US state primaries after media buys
[Update (June 3 at 8:01 pm UTC): This article has been updated to include a response from Fairshake in the fourth paragraph.] Democratic and Republican...
George Santos Referred to DOJ, CFTC Over State of the Union Kalshi Trades: Report
In brief Kalshi froze George Santos’ account and flagged his trades to the CFTC and DOJ, both of which have opened investigations, per NPR. Santos...
Trump Backs CFTC Over Prediction Markets, Calls State Officials ‘Scum’
U.S. President Donald Trump pressed Tuesday for federal regulators to keep control over prediction markets, calling it a “critically important” issue as states move to...
Trump’s prediction market push sparks fresh state authority clash
U.S. President Donald Trump has backed the CFTC’s exclusive authority over prediction markets as federal and state officials fight over who should regulate the fast-growing...
Kalshi and Polymarket lose 2 state gambling appeals
Kalshi and Polymarket lost bids to block gambling cases in Nevada and Washington. Summary A Ninth Circuit panel denied emergency motions from both platforms to...