In brief Sen. Chris Murphy (D-CT) and Rep. Greg Casar (D-TX) introduced the BETS OFF Act on Tuesday, a bill that seeks to outlaw prediction markets focused on war and other specific topics. Under the legislation, wagers associated with pre-determined outcomes like the Super Bowl halftime

Rep. French Hill says the CLARITY Act may address key stablecoin regulatory issues in Congress. The GENIUS Act set an early framework defining dollar-backed stablecoins as blockchain payment tools. Banks warn proposed rules could favor crypto firms, while Treasury may address yield