adminJudge stays CFTC’s case against US soldier over prediction market bets
In recent developments, a New York judge granted a motion filed by US prosecutors in July to stay the CFTC’s civil case against Gannon Ken Van Dyke over making more…
NY judge denies CFTC motion to halt enforcement action against Kalshi
In recent developments, the ruling leaves New York’s case against Kalshi in place while allowing the CFTC to renew its request before Judge Victor Marrero. Looking closer, market participants highlight…
Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
In recent developments, the CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.…
Larry Fink Comes out as Bullish, CFTC Intervenes With Kalshi, and More – We…
In recent developments, this week’s crypto storylines mixed balance-sheet stress, regulation, venture hindsight, geopolitics, and macro sentiment. Michael Saylor built a $3 billion cash buffer around Strategy’s bitcoin stack, the…
North Carolina Bill Recognizes CFTC’s ‘Federal Regulatory Authority’ Over…
In recent developments, the state’s budget law leaves oversight of Kalshi and Polymarket to the CFTC and taxes them at 6%, far below what other states are pursuing. Looking closer,…
CFTC charges commodity, crypto pool operator with $14M fraud
In recent developments, the CFTC has launched a rare crypto-related enforcement action against a commodity pool operator that allegedly defrauded investors of more than $14 million. Looking closer, market participants…
US senators urge CFTC probe Polymarket over ‘deceptive marketing’
In recent developments, senators John Curtis and Adam Schiff are concerned about the CFTC’s enforcement ability after a “troubling” report on Polymarket’s advertising. Looking closer, market participants highlight key drivers…
US senators push to end CFTC ‘assault’ on state oversight of prediction m…
In recent developments, a group of 17 Democratic senators went after the CFTC’s funding for lawsuits over prediction markets, calling it an “assault” on state authorities. Looking closer, market participants…
CFTC Sues Kentucky to Shield Kalshi and Polymarket – the First Republican-L…
In recent developments, the Commodity Futures Trading Commission (CFTC) sued Kentucky in federal court on June 23 to block the state’s crackdown on Kalshi and Polymarket – its ninth such…
CME Group Sues CFTC Over Competitor Crypto Perpetual Futures Approval
In recent developments, cME Group, the world’s largest traditional futures exchange, has filed a federal lawsuit against the Commodity Futures Trading Commission (CFTC), as detailed in the official announcement. This…