Financial disclosures show Rep. Lisa McClain’s spouse acquired $100,000–$250,000 in xAI stock last December. The holding, now converted to SpaceX equity, highlights ongoing congressional scrutiny regarding private investments in firms with federal ties.
.@CFTC has filed a federal lawsuit against New Mexico, seeking to block the state from applying gaming laws to CFTC-registered prediction markets. Regulator cites exclusive jurisdiction under the Commodity Exchange Act. [Press Release]
Source: https://t.co/USrNEOWkA3
Iranian Foreign Minister Abbas Araghchi stated Friday that a memorandum of understanding to end hostilities has “never been closer.” The announcement comes as Pakistan confirms a final text for a peace deal has been reached.
Ondo Finance has launched SPCXon, a tokenized version of SpaceX shares, across Solana, Ethereum, and BNB Chain. The move marks a strategic shift for the firm, transitioning from treasury products to public equities.
.@dojphofficial charges Nolensville, TN man Misam Abidi with running crypto Ponzi scheme through Star Credit Holdings, diverting over $1.9M from investors. 11-count indictment filed June 12. [Press Release]
Source: https://t.co/PMVsWbdHNR
Senate Banking Committee Chairman Tim Scott highlights the CLARITY Act and holds first AI-in-finance hearing. Focus: consumer protection, dollar dominance, digital asset rules. [Press Release]
Source: https://t.co/E3QUsVOv84
SBF CONVICTION UPHELD: A federal appeals court has rejected Sam Bankman-Fried’s bid to overturn his fraud conviction for the 2022 collapse of FTX. The decision maintains his 25-year prison sentence, concluding a key chapter in the legal fallout.
Senate Banking Committee holds hearing on AI's role in the U.S. economy, financial services, and national security. Chairman Scott leads session. [Press Release]
Source: https://t.co/Sv37Oplakg
.@CFTC proposes amendments to Part 40 rules governing prediction market event contracts, clarifying when the agency may prohibit listing or clearing. Comment period closes July 27. [Proposed Rule]
Source: https://t.co/V0D3pydRjf
iShares Bitcoin Premium Income ETF filed a Form 8-A with the .@SECGov on June 11, 2026, registering shares for listing on the .@Nasdaq Stock Market. [SEC Filing]
Source: https://t.co/6SYVHPnYDy
.@SECGov proposes rescinding Regulation NMS Rules 611 and 610(e), which govern trade-through protections and locked/crossed market restrictions in U.S. equity markets. Public comment open 60 days. [Press Release]
Source: https://t.co/VHNfqFbzNy
Two individuals charged by .@dojphofficial in connection with "AudiA6," a darknet crypto laundering service allegedly behind $389M in transactions. International takedown included Europol and 10 countries. [DOJ press release]
Source: https://t.co/VimSC3hBC9
Michael Saylor and Jack Mallers clashed over whether equity issuance to buy Bitcoin dilutes shareholders. The debate highlights growing scrutiny of Bitcoin treasury metrics and per-share ownership economics.
BlackRock has submitted an order of at least $5B for SpaceX's IPO. The offering has attracted more than $250B in demand and targets a roughly $1.8T valuation, underscoring institutional appetite ahead of the listing.
Ethereum developers are testing options-based synthetic assets that track indexes without debt positions or liquidation risk. The model aims to reduce volatility-driven DeFi stress while expanding index exposure.
Delaware House Economic Committee clears HB 441, a bill that would impose a full statewide ban on cryptocurrency kiosk installation, ownership, and operation. Proceeds to Senate. [Press release]
Source: https://t.co/Q7me8qLaLS
Pennsylvania DCED published GRID Standards mandating data center developers self-fund energy costs, meet environmental rules, and obtain certification to qualify for state tax exemptions and permitting support under Gov. Shapiro. [Press release]
Source: https://t.co/5WvZxRT4RV
.@CFTC Chair .@ChairmanSelig calls for modernizing Rule 40.11 to bring clarity to prediction market oversight, citing growth in the sector and risks from offshore platforms. [Op-Ed]
Source: https://t.co/ZpSXYe0Aog