Policy on Cowlpane

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

Sat, 09 May 2026 17:00:00 +0000

Originally published by CoinDesk

Novig CEO Jacob Fortinsky said his company will transition to a federal Designated Contract Market framework this summer to launch in all 50 states, while 57 Maiden’s Adam Mastrelli said he was banned from two major sportsbooks within two months for being “sharp."

Novig’s CEO said it will transition this summer from a 35-state sweepstakes product to a federal Designated Contract Market (DCM) framework, going live in all 50 states.

Crypto industry cheers Senate Clarity Act markup date as market structure push resumes

Sat, 09 May 2026 15:56:49 +0000

Originally published by CoinDesk

The bill’s progress follows talks on jurisdiction, consumer/developer protections, and stablecoin rewards, with crypto firms backing a yield compromise.

The Senate Banking Committee will meet on May 14 to consider the Digital Asset Market Clarity Act of 2025, a crypto market structure bill.
The bill’s progress follows talks on jurisdiction, consumer/developer protections and stablecoin rewards, with crypto firms backing a yield compromise.
Crypto industry leaders cheered the markup, viewing it as a major step toward clarity, establishing clear rules, and giving certainty to U.S. builders.

The new Wild West of AI kids’ toys

Sat, 09 May 2026 11:00:51 +0000

Originally published by Ars Technica

The main antagonist ofToy Story 5, in theaters this summer, is a green, frog-shaped kids’ tablet named Lilypad, a genius new villain for the belovedPixar franchise. But if Pixar had its ear to the ground, it might have used an AI kids’ toy instead.

AI toys are seemingly everywhere, marketed online as friendly companions to children as young as three, and they’re still a largely unregulated category. It’s easier than ever to spin up an AI companion, thanks to model developer programs andvibe coding. In 2026, they’ve become a go-to trend in cheap trinkets, lining the halls of trade shows likeCES,MWC, andHong Kong’s Toys & Games Fair. By October 2025, there were over 1,500 AI toy companiesregisteredin China, and Huawei’sSmart HanHanplush toy sold 10,000 units in China in its first week. Sharp put itsPokeTomo talking AI toyon sale in Japan this April.

Take two: Senate Banking Committee sets a date to amend and vote on sweeping crypto legislation

Fri, 08 May 2026 23:24:54 +0000

Originally published by The Block

A much-anticipated hearing to vote on sweeping crypto legislation is happening, marking a second attempt in the Senate Banking Committee.

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ABC refuses to capitulate to Trump admin, fights FCC probe into The View

Fri, 08 May 2026 21:08:42 +0000

Originally published by Ars Technica

ABC is fighting back against the Trump administration’s attempt to police broadcast television content, saying in a filing that the Federal Communications Commission is violating the First Amendment.

Led by Chairman Brendan Carr, the FCCaccused ABC’sThe Viewof not complying with the equal-time rule, even though the interview portions of talk shows havehistorically been exemptfrom the rule requiring equal time for opposing political candidates. The FCC alsoopened an unusual reviewof ABC’s broadcast licenses one day after the president and First Lady Melania Trump called on ABC to fire Jimmy Kimmel over a recent joke.

Duke law lecturer argues Trump-connected World Liberty Financial issued a security

Fri, 08 May 2026 21:03:42 +0000

Originally published by The Block

Lee Reiners argues World Liberty’s so-called governance token is not a so-called digital commodity or pure governance tool.

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‘Shifted the vibes:’ Stablecoin deal revives crypto bill despite lingering ethics disputes

Fri, 08 May 2026 20:20:38 +0000

Originally published by The Block

Vibes are on the upswing a week after lawmakers reached a compromise on what had become a major sticking point in passing crypto legislation.

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DOGE used ChatGPT in a way that was both dumb and illegal, judge rules

Fri, 08 May 2026 18:02:44 +0000

Originally published by The Verge Social

The ruling restores federal grants that were shut down for ‘DEI’ prejudice.

The Department of Government Efficiency’s cancellation of over $100 million in grants was unconstitutional, according to a ruling on Thursday. Inthe 143-page decision, US District Judge Colleen McMahon cites DOGE’s process for eliminating grants, which involved using ChatGPT to determine if something is related to diversity, equity, and inclusion (DEI).