The New York City Council is investigating the marketing practices of prediction market platforms Kalshi, Polymarket, Coinbase, and Gemini Titan, focusing on allegations of misleading and predatory advertising. This probe follows reports that Polymarket used deceptive marketing tactics, prompting a federal investigation by the Commodity Futures Trading Commission. The council aims to protect consumers and may consider new legislation, but this inquiry is separate from ongoing state lawsuits accusing some platforms of illegal gambling operations. A hearing on the matter is planned to further explore these issues.
AMC Entertainment shares rose 5% after Robinhood CEO Vlad Tenev signaled openness to easing a public feud over tokenized AMC shares, despite no formal resolution. AMC's rally reflects investor attention to the softened tone rather than business chang...
Kevin Hassett, director of the White House National Economic Council, held $1 million to $5 million in vested Coinbase shares at the end of 2025 while overseeing major cryptocurrency policy changes under President Trump. Despite recusing himself from...
Coinbase has teamed up with financial services provider Moov to expand stablecoin capabilities like acceptance, settlement, and real-time funding for community banks and credit unions. This partnership aims to integrate stablecoin services into exist...
Coinbase CEO Brian Armstrong highlighted stablecoin payments as a key revenue growth area, projecting the $300 billion stablecoin market to increase tenfold by 2030. The company is partnering with banks and FinTechs to boost stablecoin payment activi...
Coinbase CEO Brian Armstrong expressed confidence that the Clarity Act, a U.S. federal bill to regulate digital assets, is likely to pass the Senate with broad support from crypto firms and banks. The legislation aims to clarify oversight between the...
