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Ripple CEO Says Crypto Rules Near Finish After White House Meeting

Key Takeaways Garlinghouse says U.S. crypto rules have never been closer. White House and CFTC meetings brought crypto and TradFi together. The CLARITY Act still faces unresolved disputes in Congress. Garlinghouse Sees White House Shift on Crypto Ripple CEO Brad Garlinghouse described a significant change in Washington’s treatment of cryptocurrency after joining President Donald Trump,…

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Uber faces fine of nearly $1B over automated driver suspensions

The Dutch Data Protection Authority is fining Uber €825 million (around $966 million) — the second largest penalty issued so far under Europe’s General Data Protection Regulation, according to Reuters. The Dutch regulator was investigating complaints that Uber had deactivated driver accounts through an automated process without sufficient warning or human oversight. In a statement,…

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Kalshi blocks Washington users as court fight grows

Kalshi has blocked customers in Washington while asking a King County judge to reconsider an injunction restricting its prediction markets. Summary Washington requires Kalshi to block residents from seven event-contract categories under an amended preliminary injunction. Kalshi requested reconsideration after Washington agreed to delay enforcement against federally regulated competitor OG temporarily. September 2 is the…

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