Commodity Futures Trading Commission
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Business
New York Seeks $36 Billion Penalty Against Kalshi as State Gaming Crackdown Escalates
New York gaming regulators have launched a massive legal action against Kalshi, filing a court petition that threatens the prediction…
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Crypto
New York Sues Kalshi for $36 Billion in Massive Regulatory Clash Over Prediction Markets
New York state authorities have launched a sweeping lawsuit against Kalshi, seeking at least $36 billion in penalties and an…
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Business
New York Mets Break Ground with Novig in MLB’s First Team-Level Prediction Market Deal
The New York Mets have become the first Major League Baseball franchise to enter into a direct partnership with a…
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Crypto
Treasury Secretary Scott Bessent Pushes Senate for Immediate Vote on Stalled Crypto Market Rules
US Treasury Secretary Scott Bessent has launched a blunt attack against Senate Democrats, demanding an immediate floor vote on landmark…
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Crypto
Robinhood Surpasses Q2 Revenue Expectations as Prediction Markets Surge and Crypto Cools
Robinhood Markets outperformed Wall Street expectations for the second quarter, buoyed by unprecedented demand for equity options and prediction market…
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Crypto
US Crypto Exchange to Seek CFTC Approval for Regulated Prediction Markets in August
A major U.S.-based cryptocurrency exchange is preparing to submit a formal license application to federal regulators in August, aiming to…
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Crypto
US Senate Crypto Bill Stalls Over Law Enforcement Demands and Recess Deadline
Efforts to pass a landmark overhaul of U.S. cryptocurrency regulation face severe headwinds as law enforcement associations raise objections to…
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Crypto
SEC Signals Unilateral Action on Crypto Regulations as Congressional Bill Stalls
The U.S. Securities and Exchange Commission is ready to unilaterally establish a formal regulatory framework for digital assets if lawmakers…
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Business
White House Teleprompter Operator Exits Government Service Amid Kalshi Betting Investigation
A White House teleprompter operator accused of using confidential presidential speech transcripts to profit on a financial prediction platform is…
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Crypto
Federal Employee Exits Government Amid Kalshi Bets on Trump Speeches
Gabriel Perez, a federal employee accused of profiting from wagers placed on President Donald Trump’s speeches, is no longer employed…
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