The Canadian government has introduced legislation to ban cryptocurrency political donations, citing concerns over election transparency and the pseudo-anonymity of crypto assets.
Meanwhile, prediction market platform Kalshi is facing regulatory scrutiny, with Washington State Attorney General Nick Brown filing a lawsuit against the company for allegedly violating state gambling laws.
Market analysts predict that central bank gold purchases may slow down or even stop, potentially leading to a bear market in gold. However, some experts believe that this could be a buying opportunity once tensions in the Middle East ease.