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World
World· Elections

Don Davis Bill Would Fine Candidates $10K for Trading on Their Own Elections

Representative Don Davis (D-NC) introduced the No Betting on Your Own Race Act, which would bar federal candidates, their spouses, dependent children and campaign committees from trading in prediction-market contracts tied to their own races. Violations would carry a civil penalty of $10,000 per offense or three times any net financial gain, whichever is larger, and the bill also gives platforms legal cover to close accounts and report suspected breaches to regulators.

15 days ago
Crypto
Crypto· Crypto Regulation

U.S. CFTC joins SEC in proposing crypto regulations, though spot-market gap lingers

16 days ago
Crypto
Crypto· Stablecoins

Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins

19 days ago

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