Latest from Nikhilesh De
Appeals court clears way for Nevada to temporarily ban prediction market Kalshi
The Ninth Circuit Court of Appeals denied a legal effort by Kalshi to stave off an expected temporary restraining order from the state of Nevada.
Market maker IMC Trading hires Alex Casimo as chief commercial officer for its crypto business
Casimo will be responsible for growing the Dutch market maker's institutional crypto offering.
Major League Baseball signs prediction markets pacts with CFTC, Polymarket
The arrangement between the U.S. derivatives regulator and the professional sports organization is the first of its kind in overseeing sports events contracts.
Coinbase faces a multibillion-dollar threat from D.C. but a 'rewards' loophole could protect its stablecoin revenue
The proposed rules could ban yield on stablecoins like USDC, though analysts say the exchange may adapt.
SEC approves Nasdaq's move to support tokenized securities trading
The SEC’s approval lets Nasdaq test blockchain-based versions of stocks that trade and settle like traditional shares.
Fairshake's $10 million Illinois misfire marks first big hitch in crypto political surge
The crypto sector's leading political action committee devoted more than 5% of its war chest trying to defeat a Senate candidate who just won her primary.
Former Binance CEO CZ waves off accusations on Iran, terror ties
The founder of the world's largest exchange distanced himself from reports about Binance activity that reports had recently suggested aided terrorism.
Key U.S. senator on crypto market structure bill negotiation: 'We think we've got it'
Senator Cynthia Lummis, at the center of legislative talks, said the discussion is down to nuance and the bill will finally emerge from her committee in April.
Stratton wins Illinois Senate primary, defeating crypto-backed Krishnamoorthi
Lieutenant Governor Juliana Stratton is now likely to be the next Senator from Illinois, after defeating Rep. Raja Krishnamoorthi, who enjoyed major backing from crypto PAC Fairshake.
Senator Tim Scott says market structure negotiations are advancing
The South Carolina Republican said he might see a draft of stablecoin yield language as soon as this week, and other issues continue to be negotiated.
