State – Dec LM

Republican States Pause Lawsuit Against SEC Over Crypto Authority

A federal judge agreed to pause an ongoing lawsuit between 18 state attorneys general and a decentralized finance lobbyist group against the U.S. Securities and Exchange Commission (SEC) on...

Block Agrees to M Settlement With New York Over Faulty Money-Laundering Controls

Block Agrees to $40M Settlement With New York Over Faulty Money-Laundering Controls

Block Inc. has agreed to hisse $40 million to settle accusations from the New York Department of Financial Services that the company didn't properly manage its money-laundering safeguards, according...

Kalshi Will Win Battle with Nevada: Crypto Attorney

The American yasal tradition of federalism, balancing state authority with federal control, is being tested by a new frontier: online prediction markets. At the center of everything is Donald...

Illinois to Drop Staking Lawsuit Against Coinbase

Illinois will soon drop its staking lawsuit against Coinbase, joining three other U.S. states that have recently backed down from litigation against the exchange. A spokesperson for Illinois Secretary...

Latest Draft of U.S. Stablecoin Bill Aims to Split Power Between State and Federal Authorities

The latest draft of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, introduced before a hearing Tuesday, proposes a significant shift in the approach to stablecoin...

Utah One Vote Away, But Some States Fail to Break Through on Crypto Stakes

Five states' crypto efforts faltered as Texas advances and Utah nears a final vote, leaving the state-level push for digital asset reserves with mixed results.

North Carolina Joins Growing Number of States Pursuing Crypto Investments

Nineteen U.S. states are weighing bills to put public money into digital assets, some of them similar to the federal pursuit of a Strategic Bitcoin Reserve.

As One State Gets Closer on a Crypto Reserve, Others Jump Into the Fray

Utah cleared its digital assets bill through the state house, and Kentucky and Maryland introduced their own efforts, making it 18 states working on such bills.

Prediction Markets Don’t Have a Gambling Problem, Says Crypto Attorney

While regulators around the world ban Polymarket for being a gambling platform, attorney Aaron Brogan has a good argument for why it's not.

Inspired by Trump, Florida Official Eyes State Bitcoin Stockpile for Retirees

Citing presidential candidate Donald Trump's remarks on a U.S. strategic crypto reserve, Florida Chief Financial Officer Jimmy Patronis is pushing the idea for state pension funds.