Episode 402
📍 The CFTC is investigating Crypto.com and Kalshi's sports-related prediction market contracts, questioning whether sports contracts constitute "gaming" under the Commodities Exchange Act.
📍 Coinbase's Chief Legal Officer, Paul Grewal, will testify before the US Congress about allegations that federal regulators pressured banks to cut off financial services to crypto companies, known as "Operation Chokepoint 2.0".
📍 China has imposed retaliatory tariffs on US goods, causing a decline in cryptocurrency prices, with Bitcoin dropping 2.5% and other top cryptos experiencing losses, amid concerns about the ongoing trade war and its impact on global markets.
