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Regulations
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
The agency appealed a lower court's decision to let the firm offer prediction markets on which party will control each house of Congress. Crypto firms are watching the case.

Inside OKX's Strategic Shifts to Its Regulatory Approach, Formula 1 Branding and App Design
"We find ourselves in a really unique place" and aim to be "one of the largest web three technology companies," OKX CMO Haider Rafique told CoinDesk in an interview.

DeFi Lending Platform Rari Capital Settles SEC Charges
Rari misled investors and offered unregistered securities and broker services, the SEC alleged.

SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. securities regulator took a beating in a congressional hearing that was weighted against it, with a witness list of critics calling out the SEC for its fight against crypto firms.

Decentralized AI Society Launched to Fight Tech Giants Who 'Own the Regulators'
Eight founding member projects include Morpheus and Filecoin Foundation, with Michael Casey, CoinDesk's former chief content officer, as chairman of the new industry group.

Australia to Prioritize Wholesale CBDC Over Retail
The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC.

Animoca's Timeline to Go Public Would Depend on the Market's Status: Yat Siu
“We are midway through the audit which is a critical piece of the IPO puzzle,” Siu told CoinDesk.

SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The enforcement actions are the first from the SEC alleging this type of crypto scam.

FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
The international accounting firm will pay $745,000 to settle the FTX-related allegations alone.

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
One of Senator Ly Yong Phat’s hotels, O-Smach Resort, is a notorious hotbed for human trafficking.
