Key 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 …
California
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 …
- Bitcoin & Ethereum
Will Crypto Billionaires Actually Leave California After New Tax?
by adminby adminCrypto 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 …
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 …
- NFT & Metaverse
California Governor Signs Law Protecting Unclaimed Crypto From Forced Liquidation
by adminby adminIn 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 …
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 …