While prediction market platforms are under legal scrutiny in the US, many Coinbase users are claiming that the app is pushing them to gamble.

Representative Stephen Lynch voiced concerns about the direction of the SEC under Donald Trump, citing dropped investigations and enforcement actions on crypto companies.

The crypto exchange has previously been in the crosshairs of Japanese regulators for offering products and services without the proper registration.

Aimed at fighting organized crime groups, the new law allows confiscated assets including crypto to be used for ”police re-equipment, training, and special operations.”

Following its successes mobilizing crypto-minded voters in 2024, Stand With Crypto said it would prioritize House races in two US states for the midterms.

The council, co-chaired by White House AI and crypto czar David Sacks and science adviser Michael Kratsios, includes Mark Zuckerberg, Larry Ellison and Jensen Huang.

Despite an IMF warning regarding the potential risks, the Marshall Islands is proceeding with a partnership which could expand its digital sovereign bond to institutional markets.

The task force will work with industry participants to develop regulatory approaches for crypto, AI and prediction markets.

The long-anticipated audit could address years of scrutiny over Tether’s reserve disclosures, though the company has not named the accounting firm.