Auto Added by WPeMatico

Coinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight

Coinbase recently filed a formal comment letter with the Commodity Futures Trading Commission (CFTC), arguing that prediction markets are derivatives that fall under federal jurisdiction and should stay there. The…

Continue ReadingCoinbase Warns Against State-by-State Prediction Markets Chaos, Backs CFTC Oversight

‘We Will See You in Court’: CFTC Defends Jurisdiction in Massachusetts Kalshi Case

CFTC escalates prediction market fight as state challenges intensify across the U.S. The Kalshi case in Massachusetts heightens tensions, with regulators warning states they will see them in court. Key…

Continue Reading‘We Will See You in Court’: CFTC Defends Jurisdiction in Massachusetts Kalshi Case

38 Attorneys General Back Massachusetts Lawsuit Against Kalshi Over Prediction Markets

State gambling enforcement against Kalshi is being challenged as 38 attorneys general back Massachusetts’ lawsuit. The case could shape whether states can enforce gambling licensing rules against event contracts. Key…

Continue Reading38 Attorneys General Back Massachusetts Lawsuit Against Kalshi Over Prediction Markets

New York Fintech, Prediction Market Giant Kalshi Eyes US Market for Crypto Perpetual Derivatives

Kalshi, the Commodity Futures Trading Commission (CFTC) regulated exchange known for its prediction markets, is reportedly preparing to launch crypto perpetual futures for the U.S. market. Key Takeaways: Kalshi plans…

Continue ReadingNew York Fintech, Prediction Market Giant Kalshi Eyes US Market for Crypto Perpetual Derivatives

Kraken Parent Payward Enters $550M Deal to Acquire Bitnomial, Accelerating Regulated US Crypto Derivatives Push

Kraken is set to strengthen its dominance in U.S. crypto derivatives as parent company Payward moves to acquire Bitnomial in a deal worth up to $550 million at a $20…

Continue ReadingKraken Parent Payward Enters $550M Deal to Acquire Bitnomial, Accelerating Regulated US Crypto Derivatives Push

CFTC Uses Microsoft AI Tools to Surveil Crypto and Prediction Markets, Chairman Tells Congress

CFTC Chairman Michael Selig told the House Agriculture Committee this week that the agency is deploying artificial intelligence (AI) and automated surveillance tools to police digital asset markets, prediction platforms,…

Continue ReadingCFTC Uses Microsoft AI Tools to Surveil Crypto and Prediction Markets, Chairman Tells Congress

Crypto.com Partners With NYSE-Listed Casino Operator High Roller to Launch US Prediction Market Contracts

Crypto.com has signed a definitive agreement with NYSE-listed online casino operator High Roller Technologies to offer prediction market contracts in the United States, adding another major entrant to a sector…

Continue ReadingCrypto.com Partners With NYSE-Listed Casino Operator High Roller to Launch US Prediction Market Contracts