crypto regulation

2 briefs

power 2026-04-10

Coinbase Just Endorsed the Bill It Killed Twice. The Treasury Secretary Made the Ask.

Brian Armstrong spent months blocking the CLARITY Act over stablecoin yield rules that threatened $1.35 billion in Coinbase revenue. After Scott Bessent publicly pushed for it, Armstrong reversed. The yield question is still unresolved.

power 2026-04-09

The Prediction Market Got the Ceasefire Right. The Question Is How.

Four freshly created Polymarket wallets placed $663,000 in bets on a U.S.-Iran ceasefire hours before Trump announced it, at odds as low as 2.9%. Either someone had inside information, or the world's most liquid political betting market got very lucky.