Kentucky is suing Kalshi and Polymarket, calling their sports-linked prediction markets illegal sportsbooks, not financial products. The case spotlights a growing state-vs-federal battle over who regulates event contracts and whether “innovation” is just betting in a nicer suit.
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CFTC Chairman Selig taps two new senior officials as agency expands amid prediction market fights The Commodity Futures Trading Commission is adding senior firepower just as prediction markets become one of the nastier regulatory battlegrounds in U.S. finance. Two new senior officials added at the CFTC Prediction markets face growing regulatory scrutiny Crypto and DeFi […]
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U.S. crypto regulation is still being shaped by the wreckage of FTX, and the latest developments involving Sam Bankman-Fried, the CFTC, and state regulators show just how messy the cleanup remains. Court rejection keeps SBF under pressure CFTC enforcement remains a major threat to crypto firms State regulators are still carving up the map U.S. […]
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CFTC Chair Michael Selig Defends Approval of Perps Trading in the US The fight over perpetual futures, or “perps,” is heating up in Washington, and CFTC Chair Michael Selig is making the case that the US should stop pretending these markets can be kept outside its borders. Perps are high-risk crypto derivatives with no expiry […]
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The CFTC has brought in a former SEC crypto adviser to strengthen its data and enforcement chops just as the fight over digital asset oversight, prediction markets, and sports event contracts gets uglier. Donald Battle is now the CFTC’s chief data innovation officer He has experience at the SEC crypto task force, FinCEN, and the […]
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Donald Trump’s push for a major crypto market bill is colliding with ethics concerns, regulatory capture fears, and a pile of family-linked crypto ventures that keep making the whole thing smell like a payday for insiders. CLARITY Act is stalled by ethics, DeFi, and stablecoin fights Trump-linked crypto ventures are reportedly generating billions CFTC oversight […]
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XRP ETFs have brought real money into the market, but they have not solved the bigger problem: legal certainty. That’s why XRP can attract billions in inflows and still trade like the market is waiting for the other shoe to drop. Seven spot XRP ETFs are live in the US About $1.44 billion has flowed […]
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The CFTC is moving to put clearer rules around prediction markets, especially the kind tied to sports, gaming, and other politically sensitive event contracts. That could give crypto prediction markets a sturdier legal footing — or put a heavier boot on their neck, depending on how the final rules land. CFTC Notice of Proposed Rulemaking […]
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Washington’s crypto policy fight just got a lot narrower, and that may be the only way anything useful ever gets done on this topic. The CLARITY Act Progress Narrows to Key Issues is still moving, but the debate is now boiling down to the core question U.S. lawmakers have danced around for years: who regulates […]
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Bitcoin (BTC) slipped below the $63,000 mark as traders digested a messy mix of weaker ETF flows, expanding regulation, geopolitical pressure on digital assets, and a fresh macOS malware threat aimed at wallet users. The market still looks bullish on the long arc, but the short-term tape is reminding everyone that crypto never runs out […]
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