The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach.
Policy
OCC calls on community banks to enter the stablecoin payments market
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‘Betting Won’t Come Back’: Lula’s Upset Win Keeps Brazil’s Ban On
Brazil’s close-fought presidential runoff ended with a surprise win of incumbent Luiz Inácio Lula da Silva on the same day the nation’s 85 sports betting and online casino licenses lapsed. Three days earlier, Lula said betting would not co…
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Lula Wins Brazil Election, Stock Market Crashes 15%. What's Next?
Brazil just witnessed one of the most shocking election results of the year, as incumbent president Luiz Inácio Lula da Silva was re-elected by defeating right-wing candidate Flávio Bolsonaro, with a narrow 51.77% vote. And this result wil…
Policy
South Korea lawmakers mull pushing crypto tax implementation to 2029
The Seoul government is reportedly weighing another delay for a 2020 income tax policy on digital assets, citing concerns with receiving data from US officials.
Policy
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.