Pod Insights Daily Crypto Report "WLFI files to create a national trust bank" Jan 08, 2026 About this episode Today's blockchain and crypto news Bitcoin is down slightly at $89,731 Ethereum is down slightly at $3,092 And XRP is down slightly at $2.07 Kalshi backs Public Integrity in Financial Prediction Markets Act of 2026 WLFI files to create a national trust bank Nike sells stake in RTFKT Wyoming launches Solana based stablecoin ###Gemini Card Disclosure: The Gemini Credit Card is issued by WebBank. In order to qualify for the $200 crypto intro onus, you must spend $3,000 in your first 90 days. Terms Apply. Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. This content is not investment advice and trading crypto involves risk. For more details on rates, fees, and other cost information, see Rates & Fees. The Gemini Credit Card may not be used to make gambling-related purchases. ### For 40% off your order, head to Udacity.com/DCR and use code DCR. Learn more about your ad choices. Visit megaphone.fm/adchoices
Transcript 0:00 Speaker 00 We make predictions every single day about politics, pop culture, the economy, and the biggest stories making headlines. Kalshi, America's number one predictions market platform, lets you trade those predictions in a live market. Which actor will be cast in the next James Bond film? Callum Turner is currently trading at 61%, meaning $100 trade would pay out $147 if they take the role. On Kalshi, you're trading against peers in a live market, meaning there's no house. And as the probability changes, you can buy in and out of your position. Download Kalshi, use code DCR to get $25 when you trade $25. K-A-L-S-H-I. Kalshi, trade what's next. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves risk and may not be suitable for all investors. Kalshi products are not available in all jurisdictions.
0:43 Speaker 00 Prices, values, and available markets may differ from those mentioned. For more information, see kalshi.com/ regulatory.
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1:23 Speaker 00 It's 8 a.m. Eastern, January 8th, and this is your daily crypto report. Bitcoin is down slightly at $89,731. Ethereum is down slightly at $3,092. And XRP is down slightly at $2.07.
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2:23 Speaker 00 Kalshi CEO Tarek Mansour said supports Rep. Richie Torres's Public Integrity and Financial Prediction Markets Act of 2026, which would bar federal elected officials, political appointees, and executive branch employees from trading prediction contracts tied to government policy action or political outcomes, arguing Kalshi already bans insider trading by applying Nasdaq-style rules that block trading on material non-public information. He also tried to draw a bright line between regulated US platforms like Kalshi and offshore unregulated venues where the alleged problems are happening, noting the bill would only apply to regulated American companies, not foreign unregulated ones. And the push comes amid fresh insider trading fears after a polymarket account reportedly made about $400,000, betting Maduro would be removed by
3:08 Speaker 00 late January and profited after his capture. Trump-backed DeFi Protocol World Liberty Financial said its new entity WLTC Holdings filed a de novo application with the OCC to create World Liberty Trust Company National Association, a national trust bank designed specifically for stablecoin operations, which would bring its dollar-backed USD1 stablecoin fully onshore under a single regulated setup that combines issuance, custody, conversion, and on-off ramps. WLTC says it plans to serve institutional clients like exchanges, market makers, and investment firms. Nike has reportedly sold its stake in the NFT and digital collectibles platform Artifact to an unnamed buyer with a Nike spokesperson telling Bloomberg the transition happened and that the company will continue under new ownership, though Nike didn't disclose terms,
3:52 Speaker 00 and Artifact's socials don't clearly reflect ongoing operations beyond the previously announced wind down and planned archive site. Artifact launched independently in 2020 and Nike acquired it in 2021 during peak NFT hype for an undisclosed sum. are moving a sweeping crypto market structure bill forward with markup scheduled for January the 15th. The Senate Agriculture Committee, which oversees the CFTC, confirmed its markup for that date. And Senate Banking Chair Tim Scott said his committee will also mark up its version the same day. A notable step after months of negotiations. The drafts aimed to split oversight of digital assets between the CFTC and SEC. But the Senate versions differ.
4:32 Speaker 00 Banking's draft introduces an ancillary assets category to clarify which tokens aren't securities. While Agriculture's draft would expand CFTC authority and was still heavily bracketed as of November, signaling unresolved issues. If both committees pass versions, they'd be reconciled for a full Senate vote. And then lawmakers would need to align with the House passed Digital Asset Market Clarity Act from last summer before anything could head to President Donald Trump's desk. Expected flashpoints in the markups include Trump's potential crypto conflicts of interest and how to treat yield-bearing stablecoins. And finally, Wyoming has launched the Wyoming Frontier Stable Token, a dollar-pegged stablecoin issued under the Wyoming Stable Token Act and billed as the first blockchain-based asset backed by a US state with F R N
5:15 Speaker 00 now publicly available on Solana as its native chain and bridged via Layer Zero to six EVM networks. After the Wyoming Stable Token Commission began studying a state stablecoin as early as 2023 and following tests across 11 blockchains that wrapped in August selected Solana. Wyoming says front differs from private stablecoins like USDT, USDC by offering public accountability and transparent oversight with over-collateralized reserves held in a Wyoming trust and invested only in US dollars and short-duration US treasuries it has tapped Franklin Templeton to manage reserves. That's all for us today. Visit us at dailycryptoreport.io and listen to us everywhere else you podcast under Daily Crypto Report.
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