Latest from Nikhilesh De
Bithumb scores a legal win in South Korea as six-month suspension is lifted by local judge
South Korea's financial watchdog imposed a $24.6 million fine on Bithumb and partial suspension that came into effect last month.
U.S. senators won't be weighing in on prediction markets bets after banning themselves
The Senate agreed unanimously to revise its rules to ban members and their staffs from wagers on prediction markets platforms.
Senator Warren questions Commerce Secretary Lutnick on Tether loan to family
Senators Elizabeth Warren and Ron Wyden sent letters to Howard Lutnick and Tether CEO Paulo Ardoino asking about a loan Tether reportedly made to Lutnick's family.
Fed chair Jerome Powell says he will stay on as Govenor after term amid legal pressure
During a press conference following the Fed's interest rate decision, Powell said ongoing scrutiny and political tension forced him to stay, despite his plans to step down.
JPMorgan hires former Goldman Sachs exec for Kinexys. Here is why he believes tokenization is only half the battle
JPMorgan’s new crypto head Oliver Harris has previously warned that tokenizing assets isn't a magic fix for liquidity, but believes the technology is finally ready to "rip out" and replace the financial industry's legacy back end.
U.S. senator holding cards on Clarity Act's next move says it's ready to get to hearing
Senator Thom Tillis was at the center of the legislative negotiations over stablecoin yield that have delayed the market structure bill, but he said it's time to go.
U.K.'s Farage faces standards probe over $6.7 million gift from Tether billionaire Christopher Harborne
The Conservative and Labour parties argued Nigel Farage broke Commons rules by not declaring the £5 million, but Reform UK said it was an exempt, personal, unconditional gift.
CFTC sues Wisconsin in agency's legal campaign defending prediction markets authority
The U.S. Commodity Futures Trading Commission added Wisconsin to the list of states it's sued over event-contract jurisdiction, most recently New York.
World Cup fever: Chiliz expands to Solana and Base to supercharge fan token trading
Chiliz rolled out its own layer-1 network in 2023 to host the trading of its tokens, but is transitioning to what it calls "omnichain distribution."
Polymarket reportedly seeking CFTC approval to reopen main exchange to U.S. traders
If approved, the move would help Polymarket compete with Kalshi in the U.S., and bring more event-trading activity under CFTC regulatory oversight.
