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House Republican Introduces Insider Trading Bill to Ban Lawmaker Prediction Market Bets

In brief Rep. Bryan Steil (R-Wis.) introduced the Stop Lawmakers from Predicting Act on Thursday. The bill would bar members of Congress, their spouses, and dependent children from wagering on policy outcomes, government actions, or elections via prediction markets. It also builds on broader federal scrutiny of platforms like Kalshi and Polymarket, including a Senate…

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Bitcoin network activity has a dramatic rebound

Bitcoin’s blockchain is showing its strongest activity since late 2024, creating a rare split between rising network use and a weakening market price. CryptoQuant said in a note shared with CryptoSlate that its Bitcoin Network Activity Index has moved above its long-term trend for the first time since mid-2024. The index has climbed steadily since…

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Franklin Templeton new ETFs would convert US companies stock dividends into Bitcoin exposure

Franklin Templeton, the $1.78 trillion asset management firm, is attempting to push cryptocurrency deeper into conventional investment portfolios with a new proposal that would automatically redirect stock dividends into Bitcoin exposure. On June 18, the asset manager filed paperwork with the US Securities and Exchange Commission (SEC) to launch two exchange-traded funds that would hold…

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Crypto Kidnappers Plead Guilty in $8M Minnesota Robbery

Two brothers accused of kidnapping a Minnesota family at gunpoint last year to steal $8 million in cryptocurrency pleaded guilty in connection with the armed robbery.  Isiah Angelo Garcia and Raymond Christian Garcia, on Thursday, entered guilty pleas for Interference with Commerce by Robbery, facing a maximum of 20 years in federal prison, according to…

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Ireland Targets Crypto Assets in New Strategy to Disrupt Illicit Cash Flows

Key Takeaways On Thursday, Ireland’s Finance Minister, Simon Harris, launched a 30-point action plan to combat Irish money laundering and fraud. Crypto-assets and global financial networks face tougher regulations to halt digital illicit cash flows. An Garda Síochána and the Central Bank will continuously update enforcement policies through 2026. Targeting Digital Assets and Crypto Loopholes…

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