Keep pulling the thread on Kai Sheffield.
Gemini has launched its prediction markets product in the United States.
Visa has launched stablecoin settlement in the U.S. market.
The U.S. Senate Banking Committee expects the Market Structure legislation to be marked up in early 2026.
The GeniusX Stablecoin Act was signed into law by President Trump over the summer of 2025.
Visa is partnering with LeadBank and CrossRiver to expand its stablecoin settlement pilots into the U.S. market.
Visa's stablecoin settlement network is operating at a $3.5 billion annualized run rate.
In November, U.S. payrolls rose by 64,000 after falling the previous month.
The U.S. unemployment rate rose to 4.6% in the last month, the highest level since September 2021.
Gemini received approval from the CFTC to enter the prediction markets space.
Gemini's prediction market product went live under its affiliate, Gemini Titan.
A source told CNBC that Coinbase is preparing to launch a prediction market powered by Calci.
Custodia Bank is petitioning the full Tenth Circuit Court of Appeals to review its case for obtaining a master account from the Federal Reserve.