Cambodia’s Senate approved a bill imposing prison terms and fines for crypto 
scam crimes, pending the king’s approval before it becomes law.

Cambodia backs tough jail terms for crypto scam operators

Washington is in a generous mood with its banks. In March, federal regulators 
unveiled a sweeping overhaul of capital requirements (the financial cushions 
that banks must hold to absorb losses in hard times), and the headlines wrote 
themselves: deregulation, relief, billions freed up for lending and buybacks. 
The proposal would cut the required capital for […]
The post US frees up billions for banks while quietly admitting SVB’s core 
failure never went away appeared first on CryptoSlate.

US frees up billions for banks while quietly admitting SVB’s core failure never went away

Elon Musk is requiring banks, law firms, and auditors competing for roles on 
SpaceX&#8217;s upcoming IPO to purchase subscriptions to Grok, his artificial 
intelligence chatbot — a mandate the New York Times reported Friday that some 
Wall Street firms have…

Musk Demands Wall Street Buy Grok AI Subscriptions to Work on SpaceX IPO

SpaceX has submitted a confidential draft registration to the U.S. Securities 
and Exchange Commission, targeting a $1.75 trillion valuation and a raise of 
up to $75 billion — what would be the largest initial public offering in 
financial history. The…

SpaceX Files Confidentially for $1.75T IPO in Potential Record $75B Raise

Kalshi hired Stephanie Cutter as policy adviser as lawsuits, CFTC disputes, 
and congressional scrutiny around prediction markets continued.

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