Utah Charges Kalshi and Its Founders, Escalating Prediction-Market Fight
Utah filed 14 criminal charges against Kalshi and its co-founders after an undercover investigator allegedly placed 12 sports-event wagers from the state.
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Stories by Clara Westwood
Clara Westwood covers cryptocurrency regulation, DeFi, and the evolving relationship between blockchain and traditional finance. Her work explains complex policy and industry developments in clear terms, with a focus on how they affect investors, businesses, and the broader digital economy.
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Visa and Mesh Partner to Let Crypto Balances Be Spent at 175 Million Merchants
Mesh and Visa announced a partnership to fund Visa payments from crypto and stablecoin balances across more than 175 million merchant locations.
JPMorgan Takes JPM Coin to Ethereum for Institutional Clients
J.P. Morgan’s JPMD deposit token is live on Ethereum for institutional clients, enabling approved peer-to-peer transfers across Ethereum and Base.
World Launches a World ID Suite for Banks and Makes Zoom Deepfake Checks Generally Available
World unveiled a finance-focused World ID suite at Money20/20 as its Zoom deepfake-checking Human Badge became globally available to enterprises.
Crypto.com and Novig Sue Missouri Over Sports Prediction Contracts
Crypto.com and Novig filed separate federal suits challenging Missouri’s effort to treat sports event contracts as unlicensed wagering.
Payward, Kraken’s Parent, Agrees to Acquire Lithuania’s Saldo Bank
Payward has agreed to acquire Saldo Finance Oy, the owner of Lithuania-licensed Saldo Bank, in a deal expected to close in 2027.