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Latest from Nikhilesh De
Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
Also: the Democrat gains on Trump but hasn't closed the gap, unlike in polls; Polymarket punters trade on Olympic women's boxing controversy.

Bitcoin as a Strategic Reserve
Both former President Donald Trump and Sen. Cynthia Lummis proposed the U.S. hold its bitcoin.

Bitcoin Miner Marathon's Shares Tumble After Revenue Unexpectedly Misses Wall Street's Estimates
The miner said its adjusted EBITDA swung to loss, compared to previous year's profit.

EU Regulator Details How It Classifies Unlawful Overseas Businesses Under MiCA
The European Securities and Markets Authority released an opinion to aid firms that may do business with overseas firms in order to prevent them breaching the rules on Wednesday.

Crypto Exec Pushing for Industry Support of Kamala Harris for President
J.P. Thieriot, a board member and ex-CEO of Uphold, backs the vice president in her U.S. presidency bid and says he's hoping to build a digital assets advocacy for the Democrat.

Montenegro to Extradite Do Kwon to South Korea, Rejecting U.S. Request
Kwon has been in custody in the Balkan country since March 2023, when he was arrested for using a fake passport en route to Dubai.

Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare
The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.

Does the SEC Really Have Jurisdiction Over NFT Art? Two Artists Sue SEC to Get an Answer
The SEC’s approach towards NFTs, plaintiffs argue, “has the potential to bleed into the traditional art and collectibles markets in an unprecedented and boundless manner.”

Stablecoin Balance Sheets Can Be Supervised, BIS and UK Central Bank Project Claims
Project Pyxtrial is a first step towards a tool that could support supervisors and regulators in proactively detecting issues in stablecoin backing, a report said.

Russia Legalizes Crypto Mining and Brings an Experimental Regime
The State Duma passed two bills on Tuesday.
