Bullish is focusing on the gap between traditional Wall Street stock ownership and the emerging market for tokenized assets. The available information does not provide further details about the company’s plans, partnerships, products or timeline.
SEC Proposes Rules to Clear Up How Advisers and Funds Can Hold Crypto The U.S. Securities and Exchange Commission has proposed new rules aimed at clarifying how registered investment advisers and certain funds can custody crypto assets such as Bitcoin and other cryptocurrencies. The proposal is designed to replace years of uncertainty with a clearer…
SEC SLAMS BRAKES ON BINANCE ESCAPE HATCH The Securities and Exchange Commission just won the first round of a fight that could decide whether the world’s largest crypto exchange gets to run its U.S. business from a foreign shell. U.S. District Judge Amy Berman Jackson refused Binance’s attempt to throw out the case on jurisdictional…
NFL Sides With States Against Kalshi in Supreme Court Prediction Market Fight The NFL has sided with several states in their legal fight against Kalshi, a prediction-market platform, in a case before the U.S. Supreme Court. The dispute places the future of prediction markets at the center of a broader legal debate involving state authority…
Twitch Turns On Amazon AI Training by Default: “Nobody Would Opt In” Twitch has enabled Amazon AI training by default for users, according to the information provided, framing the change around the idea that “nobody would opt in” if the setting were optional. The move matters because it shifts the burden from user consent to…
SEC LOSES KEY RULING AGAINST BINANCE IN D.C. The Securities and Exchange Commission just lost a critical pre-trial motion in its sweeping case against Binance, with the court refusing to block the exchange’s U.S. operations while litigation drags on. The ruling keeps Binance.com accessible to American traders and signals that the SEC’s aggressive enforcement strategy…
Bitcoin ETFs Had Their Worst Day Since June Following Failed CLARITY Act Vote U.S. spot Bitcoin exchange-traded funds (ETFs) posted one of their sharpest single-day setbacks of the year after a key vote on the CLARITY Act failed, underscoring how policy uncertainty and a risk-off macro backdrop continue to shape flows into listed crypto products….
