Ripple Backs SEC Rule It Fought, Utah Sues Kalshi, Bitget Buys Thai Licence
- —Ripple backs SEC crypto rule but seeks specific changes
- —Utah seeks up to $61 million from Kalshi and Susquehanna firms
- —Bitget to acquire Thailand-licensed GMO-Z.com Cryptonomics
- —Thai approval of the ownership change is not yet confirmed
Why it matters: Regulation is arriving through three doors: SEC comment letters, state lawsuits and licence acquisitions.
Source: Bitcoin Insider