More power for crypto’s loudest critic

Yesterday, we flagged Elizabeth Warren’s likely move to lead the Senate Banking Committee. Today, the WSJ reports that her early priorities could include investigating crypto consumer protections, insider trading on prediction markets, and Trump-linked conflicts of interest. The chairmanship, expected in January but not yet finalized, would give her greater power to demand documents, question executives and set the committee’s legislative agenda. Think more hearings and tougher negotiations… and (hopefully) not the SEC enforcement powers Gary Gensler wielded. She says she supports a bipartisan crypto bill, but getting one through her committee would likely require substantial concessions from the industry and Republicans. Read more →

Kalshi “stealth launched” perpetual futures tied to individual U.S. stocks this morning and said it is the first company in the country to offer them. Traders . This, after the CFTC approved Kalshi’s BTC perps in May. Kalshi is by the day becoming more of a competitor to Coinbase (COIN) and Robinhood (HOOD). Read more →are able to take positions on more than 50 stocks that trade on the NYSE and Nasdaq

According to a Bloomberg report, the Kazakh government has deployed $100 million of sovereign capital into external cryptocurrency funds. Rather than investing in spot tokens directly on government balance sheets, the state is diversifying exposure through professional asset managers across liquid strategies, venture equity, and yield generation. While Western policymakers debate regulatory perimeters, resource-rich emerging economies are treating digital assets as a future they need to be involved with. Read more →

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