Michigan keeps Kalshi sports contracts blocked
A preliminary injunction applies to users located in Michigan and requires state-compliant third-party geolocation.
Michigan Attorney General — preliminary injunction order All 60s briefings Published September 3, 2026 · 00:55Watch on YouTube 01 · Regulation 02 · Governance 03 · Bitcoin treasury
Crypto Today · 60s News
Crypto Today in 60 Seconds: Kalshi, Coinbase and Adam Back
A concise briefing on Michigan's Kalshi order, Anthony Armstrong joining Coinbase's board and Adam Back's conditional €7.6 million Capital B investment.
Privacy-enhanced embed · loaded only after you press playYouTube fallback
Anthony Armstrong joins Coinbase's board
Coinbase appointed Armstrong to its board and Audit Committee. The announcement does not establish a change in company strategy.
Coinbase — board announcementAdam Back commits €7.6 million to Capital B
The private placement could help fund 376 additional bitcoin, but the acquisition and resulting holdings remain conditional.
Capital B — company releaseAccessible record
Full transcript
Three stories are moving crypto right now.
A Michigan court has ordered Kalshi to keep sports event contracts blocked for users in the state. The preliminary injunction requires licensed geolocation, with potential fines of five hundred thousand dollars per day for noncompliance.
Coinbase has added Anthony Armstrong to its board and Audit Committee. He previously held senior roles at Morgan Stanley, the US government's DOGE initiative, xAI and X.
And Adam Back is investing seven point six million euros in Capital B through a private placement priced fifteen point four percent above the September first close. The company says the proceeds and ongoing operations could fund three hundred seventy-six additional bitcoin—but that outcome remains conditional.
The bigger picture: regulation, governance and corporate Bitcoin accumulation are advancing simultaneously, without removing execution risk.
This was Crypto Today in sixty seconds, from Blue Rogues Crypto.
For informational and educational purposes only. Not financial advice. AI-generated scenes are illustrative; reported claims are tied to the primary sources above.