Utah charges predictions platform Kalshi with illegal gambling
Utah has filed criminal charges against betting platform Kalshi and its cofounders. Source：CoinDesk
Mystery Wall Street Journal ad sparks new fight over tokenized stocks
A fullpage warning urging CEOs to opt out of tokenized stock trading drew a response from Securitize and questions over who paid for it. Source：CoinDesk
CFTC chief poses questions about policing AI but calls it a road to 'autonomous trading'
The U.S. Commodity Futures Trading Commission held a forum in which the chairman, Mike Selig, suggested AI agents may usher in a financial revolution.…
Brazil’s largest lender becomes first bank to formalize crypto brokerage under new rules
Itaú Unibanco notified Brazil’s central bank of its crypto trading and custody operations on Tuesday, ahead of an Oct. 30 deadline. Source：CoinDesk
Treasury's Bessent sees crypto as America's next tool for keeping the U.S. dollar on top
Speaking at Ripple's conference, the U.S. Treasury Secretary said the SEC and CFTC action could help fill the gap left by the Clarity Act's failure, while…
U.S. agency hits Utah with lawsuit to shield Kalshi's ability to offer betting there
The U.S. Commodity Futures Trading Commission has pursued more than a dozen legal actions to protect what its chief sees as its sole power over prediction…
Crypto wallet maker Keystone to destroy almost 19,000 devices after security breach
The breach exposed 25,964 buyer records, some kept past Keystone’s 180day deletion policy after an automated tool failed without the firm noticing.…
South Korea lawmakers mull pushing crypto tax implementation to 2029
The Seoul government is reportedly weighing another delay for a 2020 income tax policy on digital assets, citing concerns with receiving data from US…
NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balks
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering allied sports leagues.…
OCC calls on community banks to enter the stablecoin payments market
The U.S. banking regulator is encouraging smaller lenders to develop stablecoin services as new federal licensing requirements approach. Source：CoinDesk
South Korea weighs fourth delay on its crypto gains tax, pushing it to 2029
Officials are concerned users of domestic exchanges would bear the tax burden because the U.S. won’t share crypto trading data until 2029. Source：CoinDesk
Canada opens consultation on draft stablecoin rules, maintains ban on yields
Under the draft rules, nonbank stablecoin issuers must back tokens 1:1 with reserves held at qualified Canadian institutions and settle redemptions within…