Report Claims Gaming Industry Lobbying for Ban on Sports Event Contract Trading in Federal Cryptocurrency Regulation Bill
[ad_1] Semafor reports that a coalition including commercial and tribal gaming interests has sent a letter to Congress urging members to include sports trading restrictions A group including the American Gaming Association, the Indian Gaming Association, and labor unions is applying pressure to members of Congress to add language barring prediction markets from offering contracts […]
US Banks Report $306,100,000 in Unrealized Losses As Number of Lenders in ‘Problem Banks List’ Jumps
[ad_1] The amount of unrealized losses on American banks’ balance sheets remains “elevated,” according to the Federal Deposit Insurance Corporation. In its new Quarterly Banking Profile for the fourth quarter of 2025, the FDIC says US banks reported $306.1 billion in unrealized losses on securities. Unrealized losses are the difference between the price banks paid […]
Binance CEO Hints at Legal Action over Report on Iranian Sanctions
[ad_1] Binance CEO Richard Teng took to social media on Tuesday to attack what he called “inaccurate reporting” by the Wall Street Journal regarding investigators at the crypto exchange uncovering $1.7 billion in digital assets moving to Iranian entities. In a Tuesday X post, Teng said the report, published on Monday, contained “defamatory claims,” including […]
NY Prosecutors Raise Alarm over GENIUS Act on Fraud: Report
[ad_1] Several New York district attorneys have reportedly warned about the US federal stablecoin law, the GENIUS Act, claiming it fails to adequately address fraud. According to a Monday CNN report, New York Attorney General Letitia James and four district attorneys signed onto a letter saying that the GENIUS Act will “provide legal cover” for […]
Kalshi Banned From Operating in State of Massachusetts After Judge Ruling: Report
[ad_1] A judge reportedly said that he will issue a preliminary injunction prohibiting the online market prediction platform Kaishi from operating in the state of Massachusetts. Suffolk County Superior Court Judge Christopher Barry-Smith has ruled that Kaishi cannot allow state residents to use its platform for making financial bets on sporting events without a license. […]
BRICS Nation Russia Drafts Bill To Make Crypto Assets ‘Commonplace’ in Daily Life: Report
[ad_1] Digital assets are poised to become a routine part of daily life in Russia as lawmakers advance legislation to remove them from special financial regulation, according a top Russian financial official. Anatoly Aksakov, Chairman of the State Duma Committee on Financial Markets, says a bill has already been drafted to exempt cryptocurrencies from the […]
AUGUST 2015 REPORT – BEST ALTCOINS AND CRYPTOCURRENCY TO MINE AND INVEST IN TO PROFIT – Financial Underground Kingdom
[ad_1] This month there is 2 interesting CFC/ICOs and our usual gaming coin is still gaining attention. Let the report begin! Initial Cryptocurrency Offering/Croud Funding Campaign Coins to invest in: MapCoin aka MAPC – thimo, former dev of SLOTH crypto have created new coin that will be using Foursquare/GoogleMaps APIs with possibility to share coins […]