FIFA wanted the Avalanche blockchain to help curb the resale of World Cup tickets. This is how it goes
Beyond new revenue opportunities, the model gives FIFA more visibility into who ultimately attends its events. In the traditional ticketing…
Kentucky takes aim at prediction markets, puts red state in potential clash with Trump team
A Polymarket spokesperson said the company hopes to address the claims. “This action goes against the framework established by the CFTC to regulate…
Fidelity joins Wall Street race to manage stablecoin reserves
The GENIUS Act, enacted last year, established the first federal framework for payment stablecoins in the United States. Among other requirements,…
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Here’s How Coinbase Plans to Survive the Crypto Winter by Ditching Its Reliance on Trading Fees
Coinbase’s (COIN) latest product launch event may not have changed Wall Street’s near-term earnings forecasts, but it reinforced a…
Bitcoin (BTC) Layers 2 Face Bear Market Reality
The distinction matters. Wrapped bitcoin products like WBTC, Coinbase’s cbBTC, and Circle’s recently announced synthetic bitcoin product…
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Federal Reserve keeps rates steady in first decision under Chairman Kevin Warsh
The Federal Reserve on Wednesday left its benchmark federal funds rate range unchanged at 3.50%-3.75%, a move that markets were almost unanimously…
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The measure of a market in the process of maturation
The function of benchmarks is to describe and measure markets. Providing transparent rules, documented governance, independent oversight and clear…
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Crypto Industry Horrified by New Illinois Tax on Holding or Transferring Digital Assets in State Budget
The cryptocurrency industry is pushing back against a new tax law in the state of Illinois that enacts a 0.2% tax on businesses that transact or…
Moody’s Launches On-Chain Credit Ratings in Boost to Tokenized Assets
Moody’s Ratings is extending its credit ratings to Solana (SOL), allowing issuers of tokenized bonds and other fixed income securities to…
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Mexican billionaire with 70% of his investment portfolio in bitcoin says it is better than real estate
“For most people, their biggest investment, their savings, is the equity in their home. Find a way to transform that into some kind of exposure…