Key Takeaways Tether reportedly paid approximately $6.3 million to Nxum, a consulting firm partly owned by Bo Hines. Bo Hines helped advance the GENIUS Act before joining Tether as an adviser and later U.S. CEO. […]
Key Takeaways Washington seeks to revoke Coinflip’s money transmitter license. The regulator alleges failures involving monitoring and refunds. Coinflip and its CEO may request a hearing to contest the charges. Washington Regulator Seeks License Revocation […]
Key Takeaways OG seeks a permanent federal injunction against Washington gambling enforcement. The exchange says Washington’s July 20 Kalshi injunction creates an imminent threat. OG invokes the CFTC’s July 14 order protecting completed Michigan event […]
Key Takeaways Washington judge finds state gambling laws are not federally preempted. Kalshi must preserve records while broader injunction terms are finalized. Parties must propose restrictions by Aug. 3 ahead of an Aug. 5 order. […]
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