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Election 2024

South Africa’s ANC Party Secures Victory in SA Election, Cyril Ramophosa Re-Elected

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The election results are not expected to have a significant impact on South Africa’s burgeoning crypto industry. The country’s top regulator, the Financial Sector Conduct Authority, recently set up a licensing regime for crypto, making it one of the first African nations to do so. The country recently started licensing digital asset firms, and crypto companies Luno, Zignaly, and VALR were among the first to get a license in April. In 2022, the country included crypto providers in its Financial Advisory and Intermediary Services Act so it could regulate digital assets as financial products.



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Election 2024

Joe Biden’s Odds on Prediction Market Polymarket Little Changed After ABC TV Interview

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“Prediction markets have long been sought as a prime use case for blockchains,” wrote Zack Pokorny, an analyst at Galaxy Digital, in a research note Friday. Their censor/tamper resistant, transparent, and global nature makes them well suited for the task, as they allow for the unfiltered casting of opinion on any topic from anyone, anywhere.”



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Donations

Multicoin Pledges up to $1M for Pro-Crypto Senate Candidates

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These candidates’ opponents aren’t uniformly critical of cryptocurrency on the level of Elizabeth Warren, the Massachusetts senator despised by the crypto industry for her rhetoric of hosting an “anti-crypto army.” Three of the four are rated as “neutral” or better by Stand With Crypto, though Ohio Senator Sherrod Brown touts an “F.”



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Biden

Trump's Odds of Victory Surge to 67% in Polymarket Post-Presidential Debate

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Biden’s chances at becoming the Democratic nominee also slid to 70%, while Gavin Newsom’s odds jumped to 15%.



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