Regulations
CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
The U.S. derivatives regulator has scheduled a June 26 meeting to discuss starting another review to evaluate whether to approve Kalshi’s event contracts.

U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
OCC chief Michael Hsu – a crypto critic – argued asset tokenization is the future, but he said centralized efforts are the way ahead.

SEC Enforcement Director: 'We're Not Concerned With the Labels' in Crypto Cases
Gurbir Grewal spoke about the SEC's recent actions during a panel Friday.

Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Obtained by CoinDesk under a Freedom of Information Law request, the documents offer a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin.

Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says
The European Union's intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods.

Binance Under Investigation in France for 'Aggravated' Money Laundering
Binance is suspected of illegally providing digital asset services to local customers, and implementing poor money laundering checks, the Paris public prosecutor told CoinDesk.

Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.

OKCoin Accused by FDIC of Making False Claims About Customer Protections
The U.S. banking agency demanded the exchange halt “misleading representations” of backing from FDIC insurance.

U.S. Court Will Rule on Terraform Labs' Push to Dismiss SEC Lawsuit Within a Month
Terraform Labs' lawyers argued UST was not a security because it was designed for commerce, rather than as an investment.

Do Kwon to Remain in Custody While Montenegro Courts Consider Extradition Request
Courts in the country approved bail for the Terraform Labs founder, but a South Korean extradition request is set to keep him in jail.

