San Luis
The province of San Luis in Argentina has passed legislation to issue its own USD-pegged stablecoin, dubbed “Activo Digital San Luis de Ahorro.” The bill also establishes the issuance of NFT collections “San Luis Art Digital Assets” created by local artists.
Related news
Policy
Sep. 22, 2023
CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
Plans by prediction market Kalshi to let users bet on which party will control the chambers of Congress have been turned down by regulators at the Commodity Futures Trading Commission (CFTC). The regulator said the contracts would involve unlawf...
Policy
Sep. 22, 2023

Sam Bankman-Fried Sort of Had a Rough Day
Yesterday was arguably not a great day for Sam Bankman-Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses*, questioning at least one’s qualifications and saying some others really wouldn’t be relevan...
Policy
Sep. 22, 2023

Binance, U.S. Affiliate, Changpeng 'CZ' Zhao File to Dismiss SEC Lawsuit
Binance, Binance.US and Changpeng Zhao filed to dismiss a Securities and Exchange Commission (SEC) lawsuit Thursday, claiming the regulator hadn't "plausibly alleged" various securities-related violations, and that it was seeking to encompass d...
Policy
Sep. 21, 2023

Sam Bankman-Fried Will Remain in Jail Through the Start of His Trial
Sam Bankman-Fried’s attempt to get out of jail before the start of his trial next month was rejected by an appeals court . In August, the FTX founder’s release on bond was revoked and he was locked up because a judge ruled he’d probably tried...
Policy
Sep. 21, 2023
Judge Blocks Sam Bankman-Fried's Proposed Witnesses From Testifying
The federal judge in Sam Bankman-Fried's trial has rejected all of the witnesses the FTX founder's defense lawyers sought to put on the stand. The judge also blocked the defense's effort to get rid of one of the government witnesses set to tes...
Policy
Sep. 21, 2023

Ex-Senator Who Once Shepherded Crypto Legislation Sees No Path in Current Congress
One of crypto’s best friends in the previous U.S. Senate, Pat Toomey, says he doesn’t see how this Senate will move on crypto. Coinbase’s policy chief counters that the lack of a clear position from Senate Banking Committee Chairman Sherrod Bro...