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US Gov’t Sues Four States, RWAs Cross $30 billion: Month in Charts

Cointelegraph
April saw the CFTC challenge state gambling laws, institutional RWA adoption hit $30 billion, and increased regulatory and security developments across crypto markets.

Summary

The CFTC has sued four US states to assert federal jurisdiction over prediction markets, countering state-level gambling law applications. Meanwhile, the tokenized real-world assets (RWA) market surpassed $30 billion in value due to increased institutional participation. Other key events in April included Michael Saylor’s Strategy accumulating over 56,000 Bitcoin, French prosecutors charging 88 individuals for violent crypto-related extortions, and Tennessee becoming the second US state to ban cryptocurrency kiosks.

(Source:Cointelegraph)