Xavier Becerra is refunding contributions from prediction markets companies while remaining the overwhelming favorite in the markets they operate. The Democratic nominee for California governor is returning donations from Kalshi and other prediction markets …
Tag:
California
- DeFi Market
California Governor Race Tops $15M in Trading, Hinges on Who Survives June Primary
by adminby adminKey Takeaways ▸ California’s nonpartisan top-two primary system is forcing traders to price who advances, not just who wins, creating more complex and active markets. ▸ Polymarket has drawn over $9.1M and Kalshi over …
In brief Three Tennessee minors have sued xAI, alleging Grok generated CSAM from their real photos and spread it online, causing severe harm. The filing claims xAI knowingly released Grok without safeguards and profited …
Over the weekend, California Governor Gavin Newsom signed a bill into law that preserves abandoned Bitcoin (BTC) holdings — a step forward that could provide legal clarity for custodians and crypto holders. The bill …
California Governor Gavin Newsom signed SB 822 into law on Oct. 11, making it the first state in the US to prevent the forced liquidation of unclaimed crypto. The statute updates California’s Unclaimed Property …
Bitcoin & Ethereum
Will Crypto Billionaires Actually Leave California After New Tax?
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by admin
Crypto billionaires are threatening to leave the state of California after a prominent trade union proposed a 5% assets tax on residents worth more than $1 billion. The Service Employees International Union-United Healthcare Workers …
NFT & Metaverse
California Governor Signs Law Protecting Unclaimed Crypto From Forced Liquidation
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by admin
In brief California’s SB 822 explicitly includes digital financial assets under the state’s Unclaimed Property Law, treating them like bank accounts and securities. The bill preserves unclaimed digital assets in their native form, preventing …
