Kalshi Faces Multi-State Lawsuits as Prediction Markets Labeled ‘Disguised Gambl...
TLDR: Washington state sued Kalshi on Friday, alleging its prediction market products violate state online gambling laws. Nevada s...
Kalshi to Block Athletes and Politicians from Trading on Prediction Markets
TLDR: Kalshi partners with IC360 to screen and block athletes and coaches at registration before any trades are placed. Polymarket...
Polymarket Updates Standards to Prevent Market Manipulation
TLDR Polymarket updated its market integrity rules to address manipulation and insider trading risks. The company introduced stric...
CLARITY Act Fuels Bitcoin Rally as U.S. Regulatory Framework Nears Reality
TLDR: The CLARITY Act classifies digital assets into securities, digital commodities, and stablecoins for clearer oversight. The C...
SEC and CFTC Issue Joint Crypto Interpretation, Ending Over a Decade of Regulato...
TLDR: The SEC introduced a token taxonomy covering digital commodities, collectibles, tools, stablecoins, and securities. The CFTC...
Arizona Charges Kalshi With 20 Criminal Counts for Illegal Gambling and Election...
TLDR: Arizona AG Kris Mayes filed 20 criminal counts against Kalshi for running an unlicensed wagering business. Four counts speci...
Phantom Wins CFTC Relief to Enable Broker Trading Access
TLDR Phantom secured a no-action letter from the U.S. Commodity Futures Trading Commission for certain trading features. The CFTC...
Phantom wins CFTC no-action relief, clearing path for crypto wallet access to re...
This means Phantom can act as a non-custodial interface connecting users to registered derivatives platforms, removing the need fo...
Popular Solana wallet Phantom wins CFTC nod to access regulated derivatives mark...
This means Phantom can act as a non-custodial interface connecting users to registered derivatives platforms, removing the need fo...
CFTC Starts Rulemaking Process for Prediction Markets
TLDR The CFTC issued a staff advisory and launched a formal rulemaking process for prediction market platforms. Chairman Mike Seli...