Episode Details

SEC and CFTC unveil crypto asset classification guidelines, defining digital securities and outlining roles for regulation. Positive reception from lawmakers and lawyers, with some concerns about future reversals. Prediction markets face state pushback, with Arizona charging Kalshi for unlicensed wagering and Nevada banning Kalshi from offering certain contracts. Market structure bills progress, with senators focusing on ethics, consumer protections, and stablecoin rules.

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