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South Korean police charge 26 Polymarket users for illegal gambling: report

The country blocked local access to Polymarket last month after its media regulator ruled that the platform offers illegal gambling.

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‘Not the end’: Sen. Gillibrand says Democrats still committed to passing Clarity Act

Industry analysts say it is highly unlikely for the bill to pass this Congress, and instead pointed to the SEC and CFTC's rulemaking efforts.

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House committee moves to codify Trump’s Strategic Bitcoin Reserve

A House committee advanced a bill to create a strategic bitcoin reserve, which would codify Trump's plan for permanent bitcoin holdings.

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Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation

Bitcoin and ether whipsawed as the Federal Reserve delivered its first rate hike in more than three years.

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‘Go time’: SEC, CFTC prepare to push crypto rules as Clarity Act stalls in Senate

CFTC Chair Mike Selig said his agency is "locked in and ready to ship its rules for the new frontier of finance."

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House panel approves first federal crypto tax framework, one day after Senate’s Clarity Act stumbles

The House Ways and Means Committee voted to advance crypto tax legislation, sending it to the House to consider.

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Aave founder pitches ‘Uber path’ for DeFi after Clarity Act fails Senate vote

Aave founder Stani Kulechov sees an 'Uber path' for DeFi if U.S. crypto legislation stalls, he told The Starting Block.

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JPMorgan says Clarity Act ‘not fully dead,’ but passage window ‘extremely narrow’

The Clarity Act is "not fully dead," but the window for passing the crypto bill this year is now "extremely narrow," JPMorgan said.

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Bernstein says Clarity Act failure allows stablecoin rewards on idle balances to continue, expects ‘swift’ SEC and CFTC rulemaking

Bernstein expects the SEC and CFTC to drive crypto rulemaking after Senate lawmakers failed to advance Clarity Act legislation.

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Circle launches Arc mainnet with BlackRock and Visa among validators, mints 10 billion ARC tokens

Circle confirmed it completed the genesis mint of 10 billion ARC tokens this week, although a public launch of the token remains undecided.

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Deutsche Bank plans bitcoin, ether custody for institutional clients in Europe

Deutsche Bank plans to launch European digital asset custody this year, initially supporting bitcoin, ether, and select stablecoins.

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Underdog sues Connecticut to stop sports prediction market crackdown

The lawsuit follows cease-and-desist orders the state issued to prediction market platforms, including Underdog, Polymarket, and Coinbase.