Paul Munter, Chief Accountant at the SEC, revealed in a speech earlier this week that the SEC has granted exemptions to rules relating to the custodying of crypto assets that have been widely reviled in the industry.
The Republican lawmakers behind the move lack enforcement power, and it’s extremely unlikely any federal agency would respond favorably to their recommendation, experts say.
A judge issued an opinion that effectively allows Kalshi to offer all the nascent platform’s election-related contracts in the U.S.—including ones involving specific candidates—giving Kalshi a leg up in competing against Polymarket, the dominant player in the space.
Crypto is not a top issue for voters, according to polls, and the Trump campaign may believe it’s already secured the support of mega donors and single-issue voters.
The arrest of founder Pavel Durov is spurring the messaging app to modify its content moderation policies. But even apart from these changes, there are risks that Telegram users should be aware of.