Here’s what happened in crypto today
In today's crypto news, industry leaders emphasize that U.S. regulations must clarify rules surrounding banking and stablecoins before addressing tax reforms. Mattan Erder, general counsel at Orbs, argues that a comprehensive regulatory approach is essential for the crypto community, as clearer rules would bolster growth. The discussion gains attention with a notable video of Ethereum co-founder Vitalik Buterin playfully interacting with a robot, which has sparked speculation about Ethereum's future among crypto influencers. Meanwhile, Kalshi, an onchain prediction market, has filed lawsuits against gaming regulators in New Jersey and Nevada following cease and desist orders regarding their event contracts. Kalshi contends that their contracts differ from traditional sports betting and should be under the jurisdiction of the CFTC. These developments highlight the ongoing dynamics of regulation, innovation, and public interest within the cryptocurrency landscape.
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