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CFTC sues New York over bid to apply gambling laws to prediction markets

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The CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts.

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Coin Market

Aave files emergency motion to lift restraining notice on frozen ETH

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Aave argued that a thief doesn’t gain lawful ownership of property by stealing it and that Gerstein Harrow’s legal argument “defies logic, common sense and the law.”

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Western Union begins USDPT stablecoin rollout on Solana

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Western Union is one of several remittance firms that announced stablecoin plans after the US passed the stablecoin-friendly GENIUS Act in July.

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Coin Market

Bitcoin turns risk on as stocks hit new highs and miner profits rise: Is $85K BTC next?

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Bitcoin’s recent rally to $80,000 amid improving BTC miner and options markets metrics could create a clear path to $85,000.

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