Coinbase CEO Brian Armstrong Abruptly Drops Support for Major US Crypto Legislation, Calls New Version ‘Materially Worse’ Than Status Quo

Coinbase CEO Brian Armstrong Abruptly Drops Support for Major US Crypto Legislation, Calls New Version ‘Materially Worse’ Than Status Quo

Coinbase CEO Brian Armstrong drops support for the Clarity Act, citing the revised bill as “materially worse” than the current status quo. This move has significant implications for the crypto industry, highlighting the need for more favorable regulations.

White House Briefing Fuels Insider Trading Debate—Pelosi Joins the Irony

White House Briefing Fuels Insider Trading Debate—Pelosi Joins the Irony

The White House briefing incident has fueled the debate over insider trading in prediction markets, with 30 Democrats introducing legislation to ban elected officials from placing political bets. House Speaker Nancy Pelosi has been implicated in the controversy, adding to the irony of the situation.

Rep. Torres Moves to Ban Officials From Prediction Markets After Suspicious $400K Maduro Bet

Rep. Torres Moves to Ban Officials From Prediction Markets After Suspicious $400K Maduro Bet

Rep. Norma Torres proposes a bill to ban government officials from trading in political prediction markets using nonpublic information after a suspicious $400,000 bet on Maduro’s capture.