Kalshi files federal lawsuit against New York regulators

Kalshi has filed a lawsuit against New York regulators, as the state is looking to classify its sports event contracts as unlicensed gambling and enforce a cease-and-desist order threatening civil and criminal penalties. Kalshi filed the federal complaint on Oct.…...
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Bank Of Korea Calls For Bank-Issued Stablecoins To Prevent Financial Risks

The Bank of Korea (BOK) has urged lawmakers to adopt a bank-led model for stablecoin issuance ahead of the upcoming regulatory framework, warning that Korean Won (KRW)-pegged tokens could “repeat past monetary failures.” BOK Raises Financial Stability Concerns On Monday, the Bank of Korea released a 140-page report warning...
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