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A federal judge granted Utah summary judgment Tuesday, holding that the Commodity Exchange Act does not preempt the state’s anti-gambling laws as applied to Kalshi’s sports event contracts. The exchange…
American and British regulators are expanding cooperation on crypto, tokenization, payments, artificial intelligence, and financial resilience. The initiative connects new regulatory frameworks with plans to reduce cross-border friction and modernize…
Nine U.S. senators are asking the Commodity Futures Trading Commission to prohibit contracts tied to wildfire duration, growth and destruction, warning that state and local fire officials see a risk…
Former U.S. Rep. George Santos will pay $35,069.98 and accept a three-year trading ban to settle CFTC findings that he manipulated a Kalshi market tied to his own State of…
Conflicting statements from Washington and Tehran have cast fresh uncertainty over the Strait of Hormuz, leaving global markets and governments watching to see whether diplomacy can prevent another escalation in…
Japan and the United States are preparing to unveil a joint policy as early as next week to stop speculators from driving the Japanese yen to fresh multi-decade lows. Japan…
The WNBA removed a video from its own social accounts after it showed Angel Reese and Paige Bueckers agreeing to a $400 wager on their teams’ next game. The league…
Underdog’s in-house UDX exchange recorded a reported $1.2 million in July 27 trading volume, reaching its first million-dollar day ten days after initial test trades. The result suggests Underdog avoided…
Doug Casey warned that rising debt costs, prolonged geopolitical conflict and sweeping technological disruption are pushing the global financial system toward an increasingly unstable period. Doug Casey, the best-selling author…
Iran’s Islamic Revolutionary Guard Corps (IRGC) fired ballistic missiles at U.S. forces in Jordan yesterday, U.S. Central Command (CENTCOM) confirmed, sending West Texas Intermediate (WTI) crude up nearly 4% and…