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Flutter Entertainment announced a leadership transition at FanDuel, with Chief Executive Amy Howe departing after five years and Christian Genetski stepping into the CEO role. The departure was confirmed alongside…
A multistate coalition told the Commodity Futures Trading Commission that sports-related prediction markets should remain under state gambling oversight, arguing the contracts function as wagers rather than financial derivatives. The…
A coalition of the largest US professional sports player unions has asked the Commodity Futures Trading Commission (CFTC) to prohibit several categories of sports event contracts at platforms like Kalshi…
The blocking statute invoked by MOFCOM requires other companies conducting commercial activities in the country to disregard the sanctions imposed on five domestic refiners linked to Iranian oil transactions, because…
OFAC warned that digital asset payments tied to Strait of Hormuz passage can create sanctions exposure. The alert says digital assets do not reduce legal risk for maritime firms, financial…
President Donald Trump told Congress on Thursday that U.S. military hostilities with Iran have ended, a declaration timed to the 60-day deadline under the War Powers Resolution of 1973 that…
The U.S. national debt has officially surpassed $38.9 trillion, eclipsing 100% of the country’s gross domestic product (GDP) for the first time since the end of World War II. This…
A group of congressional Democrats sent the Commodity Futures Trading Commission (CFTC) a letter on Thursday demanding the agency issue rules banning event contracts on elections, war, military actions, sports,…
U.S. Secretary of War Pete Hegseth said this week that Bitcoin is part of classified Defense Department efforts to project power and counter China. Key Takeaways: Pete Hegseth told Congress…
The United States Senate took decisive action on Thursday to prevent lawmakers from wagering on the very outcomes they influence by unanimously passing a resolution to ban sitting senators from…