Key Takeaways Federal officials are challenging Rhode Island’s attempt to regulate event-contract platforms under gambling laws. Prediction markets have become a major regulatory battleground as trading expands across political, economic, and sports-related events. Courts may […]
Key Takeaways The CFTC said the Gemini enforcement case would not meet current filing standards. The agency cited disputed evidence, whistleblower credibility concerns, and litigation conduct issues during review. Federal agencies are increasingly coordinating crypto […]
TLDR Elizabeth Warren accused Trump of weakening the CFTC to benefit crypto-linked allies and family interests. The CFTC is facing scrutiny over its handling of prediction market firms tied to crypto platforms. Prediction markets remain […]
Spanish users trying to visit real-money prediction markets such as Polymarket or Kalshi increasingly encounter access restrictions. The headline takeaway: Spain treats most event-based, real-money markets as gambling unless the operator holds a Spanish license. […]
Key Takeaways Trump appointed former Attorney General Pam Bondi to PCAST on May 27, joining Jensen Huang, Mark Zuckerberg, and Larry Ellison on the panel. PCAST is co-chaired by David Sacks, Trump’s former crypto and […]
Indonesia has moved to restrict access to Polymarket, a leading crypto prediction platform. The decision spotlights a fast-emerging regulatory fault line: when do event contracts become “bets,” and who gets to decide? This guide breaks […]
TLDR Trump said CFTC authority over prediction markets should be maintained. Several states argue prediction markets should fall under gambling rules. Minnesota, New York, Wisconsin and Illinois have moved against prediction markets. The CFTC has […]
TLDR CFTC staff who questioned Polymarket and other firms were reportedly sidelined after raising concerns. The CLARITY Act could give the CFTC wider authority over spot crypto markets and exchanges. The KuCoin operator paid a […]
Key Takeaways SEC approved Nasdaq to list bitcoin index options on Phlx under ticker QBTC. Cash-settled QBTC contracts eliminate custody and assignment risks, broadening institutional bitcoin access. Trading cannot begin until the CFTC grants exemptive […]
Key Takeaways Polymarket appointed Japan rep Mike Eidlin and targets government approval for prediction markets by 2030. Polymarket hit $10B monthly volume in March, drawing 678,342 users in April versus rival Kalshi. Japan approval hinges […]
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