Joseph Rees

Lagarde Blocks Euro Stablecoin Push, Calls $300B Market a Stability Risk for ECB Policy – Bitcoin News

Key Takeaways ECB President Lagarde called euro-denominated stablecoins a financial stability risk on May 8, 2026. Lagarde mentioned that USDC depegged to $0.877 during SVB’s 2023 collapse, exposing $3.3 billion in Circle reserves. The ECB’s Pontes project launches in September 2026 to anchor DLT settlement in central bank money. Lagarde Warns European Banks That Euro…

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Six Months in, the AGA Exodus Has Reshaped US Gambling’s Lobbying Landscape

Key Takeaways AGA Q1 2026 outlook: 81% of gaming executives flag prediction markets as “very significant” threat. Four major operators exited AGA in six months: Draftkings, Fanduel, Fanatics, and bet365. Senate Commerce subcommittee opens first prediction-markets hearing on May 20. Fractured Lobbying Landscape Augurs Competition in Heightened Regulatory Environment The AGA survey states that executive…

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Crypto Prediction Markets Move Into Mainstream Finance as Institutional Interest Grows

Key Takeaways Traditional firms are expanding their presence as crypto prediction markets attract deeper liquidity. Retail activity helped draw market makers, institutions, and larger deposits into event contracts. Regulatory disputes may shape how prediction markets enter broader financial infrastructure. Traditional Finance Builds Crypto Prediction Market Rails Major exchanges and financial firms are accelerating work on…

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