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CFTC Secures Court Order Blocking Arizona Criminal Case Against Prediction Markets

Federal intervention is tightening control over U.S. prediction markets as courts back centralized oversight, escalating a clash between regulators and states over jurisdiction and enforcement boundaries. Key Takeaways: CFTC secured…

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CFTC Seeks Injunction, Restraining Order as Arizona Applies State Criminal Laws to Prediction Markets

Federal regulators move to block state interference in prediction markets, escalating a high-stakes legal clash over jurisdiction as the CFTC pushes to assert exclusive authority and prevent fragmented oversight across…

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Arizona Challenges Kalshi’s Federal Status With Unlicensed Gambling Charges

Arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling operation and accepted illegal election wagers within the state. Prediction Market Kalshi Charged…

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Beyond Bitcoin: Arizona Bill Includes XRP and Digibyte in New Strategic Fund Proposal

The Arizona State Legislature has advanced a bill to create a digital assets strategic reserve fund, which would hold seized or surrendered cryptocurrencies such as bitcoin and XRP. Management and…

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