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Regulations
CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
U.S. federal regulators said the plans weren't in the "public interest," after a court squabble involving rival service PredictIt

Binance, U.S. Affiliate, Changpeng 'CZ' Zhao File to Dismiss SEC Lawsuit
The motions to dismiss leans on major questions doctrine claims, among other arguments.

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
Former Sen. Pat Toomey is pessimistic about legislation moving through this term, but it may be more likely in the next Congress.

Binance Warns of Multiple Stablecoin Delistings as Lawyers Puzzle Over EU's MiCA
The EU’s landmark Markets in Crypto Assets law, MiCA, takes effect next year, but it’s not clear how it will apply to foreign or decentralized issuers

U.S. CBDC Efforts Opposed in Legislation Advanced by House Republicans
The House Financial Services Committee approved a bill meant to prevent a U.S. central bank digital currency.

South Koreans Hold $99B of Digital Assets Overseas: Tax Service
The crypto held abroad accounts for about 70% of all assets held outside the country.

UK Just Passed an Online Safety Bill That Will Apply to the Metaverse
The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.

SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
David Hirsch, who runs the agency’s office that handles crypto enforcement, says that apart from Coinbase and Binance, there are other exchanges and DeFi straying from the law.

Crypto Wants a De Minimis Tax Exemption in the U.S.
The industry weighed in on a Senate committee request for comment, hitting common themes.

Some Binance EU Users Find Fiat Withdrawals Cut Off Even Before Paysafe Ends Service
Binance says Paysafe gave it short notice that a “very small portion” of European users will be subject to an earlier closure before the payments provider officially pulls support for the exchange on Sept. 25.
