Here’s what happened in crypto today
In today's crypto news, industry professionals emphasize the need for clear U.S. regulations on banking and stablecoins prior to tax reforms, as stated by Mattan Erder, general counsel at a decentralized blockchain network. He highlights the importance of a comprehensive regulatory approach that prioritizes these areas. Additionally, a video showing Ethereum co-founder Vitalik Buterin humorously interacting with a robot has gone viral, with crypto influencers speculating its implications for Ether's future. Kalshi, a prediction market platform, has filed lawsuits against gaming regulators in Nevada and New Jersey following cease and desist orders regarding its sports and election contracts. Kalshi argues that their contracts differ from traditional sports betting, asserting that they fall under the jurisdiction of the CFTC, not state regulators.
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