Regulation & Politics

Regulation & Politics
Coinbase CEO Armstrong Calls Accredited-Investor Rules a 'Regressive Tax'
Coinbase CEO Brian Armstrong called Monday for an overhaul of the U.S. accredited-investor framework, arguing that wealth-based gatekeeping concentrates private-market gains among the already wealthy. He proposed replacing the net worth and income test with a financial literacy exam, or removing the requirement entirely.

Regulation & Politics
CFTC Sues New Mexico to Block State Gaming Laws From Reaching Federally Regulated Prediction Markets
The federal derivatives regulator filed suit Thursday in federal court seeking to bar New Mexico from enforcing state gaming laws against CFTC-registered prediction-market exchanges, making New Mexico the eighth state to face federal litigation over the question of exclusive jurisdiction.

Regulation & Politics
Gensler Files Brief Arguing Sports Prediction Markets Fall Outside CFTC Swap Rules
Former CFTC and SEC chair Gary Gensler filed an amicus brief with the Sixth Circuit arguing that sports-event prediction markets are not swaps under Dodd-Frank, directly contradicting the CFTC's own position in the KalshiEX v. Ohio appeal.

Regulation & Politics
Second Circuit Affirms SBF’s Fraud Conviction and 25-Year Sentence
A three-judge Second Circuit panel affirmed Sam Bankman-Fried’s conviction on seven counts of fraud and conspiracy, along with his 25-year prison sentence, closing his primary legal path to overturning the 2023 verdict.

Regulation & Politics
Delaware and New Jersey Move to Ban Crypto ATMs Over Fraud Concerns
Delaware and New Jersey each advanced bills this week to ban cryptocurrency ATMs statewide, citing over $400 million in annual nationwide fraud losses and a scam pattern that disproportionately targets older residents.

Regulation & Politics
Kalshi Reports 150+ Insider-Trading Investigations in Q1, Rolls Out Employer Checks for High-Risk Markets
Kalshi opened more than 150 insider-trading investigations in the first quarter of 2026, blocked over 100 potential insider trades, and referred at least 20 cases to law enforcement. The CFTC-regulated prediction market paired the numbers Tuesday with a new risk-scoring framework, employment-verification requirements for traders on high-risk markets, and expanded whistleblower tools.

Regulation & Politics
DOJ Opens Debanking Probe Into JPMorgan, Bank of America and Wells Fargo
Federal prosecutors have subpoenaed JPMorgan Chase, Bank of America and Wells Fargo, examining whether banks unlawfully terminated customer accounts for political reasons. The probe directly validates the crypto industry's Operation Chokepoint 2.0 grievances.

Regulation & Politics
US Bitcoin Reserve Bill Text Locks Holdings for 20 Years and Mandates Quarterly Proof-of-Reserve Reports
The full text of H.R. 8957, the American Reserve Modernization Act of 2026, is now public, revealing a mandatory 20-year prohibition on selling any acquired BTC and a requirement for quarterly, publicly audited proof-of-reserve reports.

Regulation & Politics
SBF Files Formal Pardon Petition With Trump White House, Attorney Confirms
Sam Bankman-Fried formally filed a petition for a presidential pardon with the Trump White House, his attorney confirmed Monday. FTX's FTT token surged roughly 52% on the news.

Regulation & Politics
Over 200 Crypto Firms Urge Senate Vote on CLARITY Act as Galaxy Cuts Passage Odds to 60%
A coalition of more than 200 organizations including Coinbase and Ripple pushed Senate leadership for a floor vote Monday. Galaxy Digital's research head simultaneously lowered his 2026 passage probability by 15 points, citing a shrinking calendar and unresolved ethics provisions.



