Crypto News·
Former CFTC chair Timothy Massad says a US CBDC ban cannot stop behind-the-scenes infrastructure work. Former CFTC chair Timothy Massad told London’s Digital Money Summit on May 19 that a US digital dollar is ultimately inevitable. He said the CBDC…
Read full articleDespite public opposition, US exploration of CBDC infrastructure suggests inevitable adaptation to global digital finance trends. The post US officials quietly study CBDC infrastructure despite Trump opposition, says former CFTC chief appeared first on Crypto Briefing.
The CFTC sued to block Minnesota’s prediction-market ban before it takes effect. The agency says prediction-market contracts are federally regulated swaps. Minnesota’s law would ban operating, advertising, and supporting these platforms. A massive legal battle just erupted between federal regulators and state leadership over the future of decentralized betting. The Commodity Futures Trading Commission took […] The post CFTC Sues Tim Walz Over Minnesota Prediction Markets Ban appeared first on Live Bitcoin News.
CFTC sues Minnesota to block its Aug. 1 prediction markets ban as crypto rules split between bank custody and kiosk restrictions statewide.
About 24 hours after Minnesota Governor Tim Walz signed a bill into law passed by the state’s legislature to effectively ban prediction markets in the state, the CFTC pushed back with its own lawsuit.
The lawsuit's outcome could redefine state vs. federal regulatory power, impacting the legal landscape and future of prediction markets nationwide. The post CFTC sues Minnesota to block prediction market ban set for August 1 appeared first on Crypto Briefing.
Minnesota's ban has made it a felony to create or operate a prediction market in the state. The CFTC and DOJ say it violates federal law.
House Republicans want to make the U.S. CBDC ban permanent. They say the ban protects Americans from financial surveillance. They are attaching the ban to the housing bill to force action. House Republicans are escalating their war against a digital dollar. The legislators now want to turn the temporary ban into a permanent domestic blockade. The […] The post GOP Pushes Permanent US CBDC Ban Through Housing Bill appeared first on Live Bitcoin News.
Kevin Warsh takes over the US Fed as rate-cut odds fall with crypto markets watching June policy and CFTC seats before the CLARITY Act vote.
