DOJ Adds Walmart, Costco, Amazon To Beef Price Probe

CFTC Chair Pushes Tokenization As SEC Opens Door To Onchain Stocks Authored by Ezra Reguerra via Cointelegraph, US Commodity Futures Trading Commission (CFTC) Chair Michael Selig said financial markets should prepare for "mass tokenization" as regulators adapt existing frameworks for blockchain, artificial intelligence and onchain markets. In remarks delivered Tuesday at the US Treasury Market Conference, Selig said tokenization of real-world assets (RWAs) could become the foundation of a more efficient financial system, enabling near-instant settlement and real-time collateral movement between clearinghouses, intermediaries and users. "Just as the transition from hand signals to...

Lawmakers Introduce Bipartisan Bill To Ban Sports Betting Via Prediction Markets Lawmakers have never met a market they didn't want to control. And when they can't do that, they try to crush them - sometimes after taking six-figure donations from competing lobbies. To wit; Sens. Adam Schiff (D-CA), and John Curtis (R-UT), on Monday introduced legislation that would prohibit federally regulated prediction-market platforms from offering wagers on sports events, targeting what they call a regulatory backdoor that has let online betting proliferate beyond state control. Reading between the lines, prediction market betting is...

Musk Says Gates Funding His Attackers As Democrats Ready Post-Midterm Witch Hunt With Democrats openly planning to investigate Elon Musk if they take the House on Tuesday, Musk on Friday named the man he says is bankrolling the people coming after him: Bill Gates."Gates is funding people who attack me," Musk wrote, replying to Katie Miller, the former DOGE aide who left Musk's full-time employ last year to launch a podcast. Miller had claimed the Gates Foundation is one of Kara Swisher's major podcast sponsors.No kidding, wow. Gates is funding people...