Patrick McHenry Sees a Lame-Duck Window for CLARITY

🎬 Patrick McHenry Sees a Lame-Duck Window for CLARITY
CoinDesk's The Policy Protocol hosts Rebecca Rettig and Renato Mariotti open on a busy policy week from the UK's FCA opening its crypto firm authorization process to the SEC's new staff FAQ on crypto asset classification, and Robinhood's launch of AI agents that trade for retail customers.
They then sit down with former House Financial Services Committee Chairman Patrick McHenry, who argues the CLARITY Act stalled in the Senate because of election-year politics rather than substance and could st...

➤ Former House Financial Services Chairman Patrick McHenry believes the CLARITY Act, stalled due to election-year politics, could still pass during the post-election 'lame duck' session.
➤ The discussion also covers the SEC's new staff FAQ on crypto asset classification, the UK FCA's crypto firm authorization process, and the implications of AI trading agents, particularly regarding accountability.
➤ The article highlights ongoing debates about regulatory frameworks for digital assets, the role of AI in finance, and the future of prediction markets, with a nod to the legacy of former SEC Commissioner Hester Peirce.

#CLARITY Act #Patrick McHenry #SEC #AI trading agents #Robinhood #FCA #prediction markets #Hester Peirce

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Fomo Co-Founder: The Next Breakout App Won't Call Itself Crypto

🎬 Fomo Co-Founder: The Next Breakout App Won't Call Itself Crypto
With Fomo posting all-time high fees in August and with roughly 100,000 daily traders, co-founder Se Yong Park joins CoinDesk Contributor Kate Irwin on Markets Outlook to unpack the Solana-to-Robinhood Chain growth story, why social finance apps like Farcaster and Zora never broke out, and how prediction markets could turn a generation of bettors into traders.
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➤ FOMO app co-founder discusses the resurgence of consumer interest in crypto, driven by increased trading activity on chains like Solana and Robinhood Chain, and highlights the app's multi-chain capabilities.
➤ The conversation touches on the evolving landscape of consumer crypto, contrasting successful user-focused apps with those that struggled, and emphasizes the importance of abstracting away blockchain complexities for mainstream adoption.
➤ Future predictions suggest a shift towards apps not explicitly branded as 'crypto' but powered by its underlying technology, with a growing convergence between prediction markets and traditional trading audiences.

#FOMO app #Solana #Robinhood Chain #consumer crypto #onchain finance #prediction markets #stablecoin #RealFi

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Wall Street Infrastructure Comes to Prediction Markets

🎬 Wall Street Infrastructure Comes to Prediction Markets
DoubleZero Edge is partnering with Kalshi to deliver Wall Street-grade market data to the world's largest CFTC-regulated prediction market. Co-Founder Austin Federa joins Jennifer Sanasie on Markets Outlook to unpack why professional infrastructure took so long to reach crypto, what the 10/10 flash crash revealed about new finance's weaknesses, and why faster data could level the playing field for every trader, not just the big firms. Plus, in today's Brand New Rails, we meet the ship captain wo...

➤ DoubleZero Edge is partnering with Kalshi to provide Wall Street-grade market data to Kalshi's CFTC-regulated prediction market, aiming to enhance performance and accessibility for traders.
➤ The article also highlights the tokenization efforts in the $2 trillion commercial shipping industry by ADI Chain and Ship Finex, aiming to democratize investment through fractional ownership.
➤ A new stablecoin, RealFi, is introduced, which is backed by real-world assets like US Treasuries and money market funds, with a testnet launch planned for August 2026.

#prediction markets #Kalshi #DoubleZero Edge #market data #tokenization #shipping industry #RealFi #stablecoin

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How the World Cup Became One of Kalshi's Biggest Onboarding Events

🎬 How the World Cup Became One of Kalshi's Biggest Onboarding Events
John Wang, head of crypto at Kalshi, joins Sam just days after the company hit a $40 billion valuation and one year into John's tenure, which has seen prediction markets go from niche internet community to mainstream financial instrument. They cover the World Cup trading frenzy, why crypto is now the second largest market on the platform, and how Kalshi built the first CFTC-regulated perp exchange in the US from the ground up, doing $1 billion in its first week and $5 billion in its first month....

➤ Kalshi, a CFTC-regulated exchange, has achieved a $40 billion valuation and significant growth in its crypto and prediction markets, with the World Cup serving as a major onboarding event.
➤ The platform has successfully launched a regulated perpetuals exchange in the US, generating substantial trading volume and attracting both retail and sophisticated traders through accessible APIs and educational tools.
➤ The discussion touches upon the increasing mainstream adoption of prediction markets and the potential for future RWA integration, with a mention of 'Realfi' as a forthcoming stablecoin backed by real-world assets.

#Kalshi #prediction markets #CFTC regulated #perpetuals #crypto #World Cup #Realfi

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Could Betting on an Election Cost You Your Right to Vote?

🎬 Could Betting on an Election Cost You Your Right to Vote?
On CoinDesk's The Policy Protocol, Renato Mariotti is joined by guest host Ari Redbord, Global Head of Policy at TRM Labs, for a conversation on the politics of the CLARITY Act, the state-vs-federal fight over prediction markets, and Wisconsin's invocation of an 1849 law that could bar prediction-market users from voting.
And, they sit down with Rachel Anderica, Head of Global Operations at Anchorage Digital, who walks through Anchorage's agentic banking build inside its OCC trust and a "cashles...

➤ Discussion on the CLARITY Act's progress, focusing on law enforcement provisions and the political challenges in achieving bipartisan support.
➤ Analysis of the legal battle over prediction markets, highlighting Wisconsin's unique approach to regulating voters rather than exchanges, and the potential for a Supreme Court ruling.
➤ Exploration of Anchorage Digital's 'agentic banking' initiative within its OCC trust, including a 'cashless reserves' model in partnership with JPMorgan, leveraging tokenized instruments to reduce yield drag and counterparty risk.

#CLARITY Act #prediction markets #Anchorage Digital #JPMorgan #stablecoins #tokenized instruments #AI #compliance #OCC trust

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