CrispyBull

The CFTC has ordered Kalshi to honor Michigan trades it had already cancelled under a court directive. The move protects executed positions but leaves a broader dispute over federal authority and state gambling laws unresolved.

The UK is advancing its strategy to bring tokenised assets into wholesale finance through a 54-member industry taskforce. The programme will test real transactions while identifying the legal and regulatory barriers that could determine whether tokenised markets can scale.

Elizabeth Warren has pushed Senate leaders to include ethics provisions in the CLARITY Act. The move raises political pressure ahead of a potential vote but does not change the legislation itself. It could still influence support across the Senate.

Block has agreed to a $45 million settlement with 46 U.S. states over allegations that Cash App misled users about fraud protections and failed to adequately support victims. The agreement requires stronger consumer safeguards and highlights growing regulatory expectations for fintech platforms that also offer crypto services.

Kazakhstan has issued a sweeping digital asset decree that expands regulation, supports stablecoin use and builds on earlier reforms. The move connects exchange licensing, Alatau City and broader efforts to position the country as a regional crypto hub.