6-24
EU lawmakers advance digital euro rules, pledge cash will remain available
Plans to introduce a digital euro advanced in the European Parliament this week, with lawmakers stressing that a new form of central bank money would not replace paper cash. The step comes as officials in Brussels and Frankfurt grow more concerned about the rising use of privately issued stablecoins pegged to the U.S. dollar. It also unfolds as Washington prepares to bar the creation of a digital dollar later this decade.
EUR
EUR+0.00%
6-24
6-24
CLARITY Act ethics talks stall as $2.3B Trump-family crypto interests loom
Patrick Witt, executive director of the White House Crypto Council, is in three-way Senate talks with Republicans and Democrats over the ethics provisions in the Digital Asset Market Clarity Act (CLARITY Act). The ethics section is the only unresolved issue blocking the crypto market structure bill from reaching a Senate floor vote. The dispute centers on $2.3 billion in Trump-family crypto interests, according to reporting by journalist Pete Rizzo citing Politico.
6-24
6-24
CFTC and DOJ sue Kentucky to block state limits on federally regulated prediction markets
The Commodity Futures Trading Commission and the U.S. Department of Justice sued Kentucky on June 23, 2026, seeking to stop the state from applying its laws to federally regulated prediction markets and event contracts. The lawsuit argues Kentucky’s enforcement actions and new statutes targeting prediction market operators conflict with the CFTC’s exclusive authority over derivatives under the Commodity Exchange Act. The case was filed in the U.S. District Court for the Eastern District of Kentucky.
6-24
6-24
Senate Democrats seek hearings on $500 million UAE investment in Trump-linked World Liberty Financial
Former President Donald Trump is facing heightened scrutiny from Senate Democrats over a $500 million investment from UAE officials in his family’s crypto venture, World Liberty Financial. Lawmakers say the financing raises questions about conflicts of interest and potential foreign influence. They are also weighing how the backing could intersect with national security concerns and the broader debate over crypto regulation.
WLFI
WLFI+2.81%
6-24