News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- News
Myanmar Enacts Death Penalty for Coercive Scam Labor, Life Sentences for Crypto Fraud
Myanmar's parliament has enacted a law allowing the death penalty for coercive online scam labor, while life imprisonment applies to crypto fraud.
Mercation Admin2 min - News
Filipino Artist Takes Legal Action Against AI Meme Generator
Filipino artist Elmer Saflor has filed a lawsuit against Memes Apps for allegedly selling his comic as an advertising template, seeking damages and an injunction.
Mercation Admin2 min - Crypto
Stablecoin Market Sees Significant Decline for the First Time in Four Years
The stablecoin market has seen its first significant drop in four years, losing over $10 billion in capitalization, while transaction volumes reach new highs.
Mercation Admin2 min - Crypto
BitMEX and BitMart Face Shutdown Amid Crypto Trading Decline
BitMEX and BitMart are set to shut down as trading volumes in the crypto market hit a two-year low, signaling challenges for smaller exchanges amid tightening regulations.
Mercation Admin6 min - News
Judge Halts Minnesota's Prediction Market Ban, Favoring Kalshi and Polymarket
A federal judge has temporarily blocked Minnesota's ban on prediction markets, favoring Kalshi and Polymarket ahead of the law's effective date.
Mercation Admin2 min - News
New York Attorney General Critiques CLARITY Act
New York's Attorney General Letitia James expresses concerns over the CLARITY Act, arguing it could weaken state oversight of the cryptocurrency market.
Mercation Admin1 min - News
Anthropic Opposes Ban on Open-Weight Models
Anthropic's CEO Dario Amodei argues against a ban on open-weight models, advocating for stricter oversight and safety testing instead.
Mercation Admin2 min - News
NFL Urges CFTC to Tighten Regulations on Sports Prediction Markets
The NFL is urging the CFTC to strengthen regulations on sports prediction markets to protect game integrity and prevent manipulation.
Mercation Admin2 min - Crypto
CME and CFTC Clash Over Onchain Perpetual Futures
The CFTC's approval of crypto perpetual futures sparks a conflict with the CME, which perceives regulatory risks.
Mercation Admin1 min - Crypto
U.S. Senate Delays Crypto Clarity Act as Focus Shifts to Other Legislation
The U.S. Senate has postponed the Digital Asset Market Clarity Act as it shifts focus to other legislative matters, including sanctions against Russia.
Mercation Admin6 min - Crypto
Kalshi and Polymarket Secure Temporary Relief from Minnesota's Prediction Market Ban
Kalshi and Polymarket have received a preliminary injunction against Minnesota's ban on prediction markets, with a judge ruling it likely violates federal law.
Mercation Admin3 min - News
NYC Property Database Raises Security Concerns Among Crypto Leaders
A new searchable database of NYC property records has raised alarms among crypto executives, who warn it could endanger wealthy residents by exposing their information.
Mercation Admin3 min