Latest from Jesse Hamilton
New York sues Coinbase, Gemini over prediction market offerings
New York has become the latest state to argue that prediction market contracts touching on sports and entertainment violate state gambling laws.

U.S. CFTC's Selig says AI has helped make up for staffing cuts at key crypto watchdog
Chairman Mike Selig faces explosive new market duties with crypto and prediction markets, where he said "numerous investigations" have begun.

Solana Policy Institute-backed PAC spends millions to jam Sherrod Brown's Senate run
The Sentinel Action Fund is supporting Republican John Husted in that race, with funding from the Solana network's advocacy group and Multicoin Capital.

Crypto's new $11 million PAC booked millions in ads with firm started by Tether US CEO
While Tether has been closely associated with the emerging political action committee, the opening funding came from Cantor Fitzgerald and Anchorage Digital.

U.S. lawmakers take another swing at crypto tax policy with revised bill
A bill would amend how the IRS would approach crypto taxes.

White House crypto adviser Witt says other Clarity Act hurdles being cleared
Patrick Witt told CoinDesk that a recent compromise on stablecoin yield should hold as the Senate tries to advance its crypto bill, even as bankers continue warnings.

U.S. SEC says software allowing crypto wallet transactions not considered broker
The latest crypto view from the securities agency concludes software that clears the way for securities transactions with individual wallets won't trip regulations.

Bankers rebuff White House claim that stablecoin yield doesn't threaten deposits
A new study from the American Bankers Association says the White House economists went after the wrong premise in their recent look at the issue.

Super PAC tied to Tether makes first ad buy from firm founded by Tether's U.S. CEO
The Fellowship PAC spent $300,000 with Nxum Group that was co-founded by Bo Hines, the chief of Tether's U.S. arm and former adviser to President Donald Trump.

U.S. Treasury to loop in crypto sector on hacker warnings shared with traditional firms
The Department of the Treasury announced it's letting crypto firms sign up for timely information-sharing on cybersecurity threats.

