The US Treasury has proposed new AML and sanctions rules for stablecoin issuers under the GENIUS Act. Issuers would be treated as financial institutions and required to block or freeze flagged transactions.
The CFTC filed for an injunction against Arizona to stop enforcement of state gambling laws on prediction markets. The case could shape whether such platforms fall under federal or state oversight.
Yuga Labs has settled its lawsuit over the RR/BAYC NFT collection, ending a two year dispute. The agreement avoids a jury trial and bars use of its trademarks.