Better Markets is using Polymarket's "French connection" as ammo against the prediction market's regulated competitor.
The US's first election betting market has added contracts for trading on national elections from Australia to Ecuador, public filings show.
A federal judge "erred" in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court.
While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools.
The Securities and Exchange Commission (SEC) sued Coinbase in June 2023 and accused the company of selling unregistered securities.
The likes of BlackRock and Franklin Templeton could see tokenized shares of their money-market funds pledged in trading after a major group under the aegis of the Commodity Futures Trading Commission (CFTC) approved guidelines for their use, Bloomberg reported on Thursday.
Decentralized crypto exchange Mango Markets has already weathered a debilitating multimillion-dollar hack and the expensive regulatory investigations it spawned. The group may soon take another blow: a six-figure settlement with the Commodity Futures Trading Commission (CFTC).
After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's chairman, Rostin Behnam, said it will still keep pursuing the case against what it continues to contend is illegal activity.
Congressman John Rose of Tennessee introduced the “BRIDGE Digital Assets Act,” one of the most important legislative proposals with changes in the regulatory landscape of crypto assets in the United States. Related Reading: Trump Drops Major Clue On Crypto Project Launch Date It provides for a Joint Advisory Committee consisting of participants from the Securities […]
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday.
The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts.
The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her rationale.
One CFTC commissioner dissented, calling the action “regulation by enforcement.”
Uniswap Labs will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, a CFTC press release said.
Kanav Kariya announced his resignation amid reports of a pending investigation into Jump Crypto’s activities and several incidents dating back to 2022.
CFTC Commissioner Christy Goldsmith Romero could replace Martin Gruenberg after allegations of a toxic workplace culture at the FDIC.
The commodities regulator has been clear about the dangers of regulating a burgeoning industry through enforcement actions.
The Financial Innovation and Technology for the 21st Century Act passed out of committee in July 2023 but could be headed for a full floor vote in the U.S. House of Representatives.
The CFTC warned of another cycle of enforcement actions against crypto firms as investor interest rises.
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban.
Paul Grewal, the Chief Legal Officer (CLO) of Coinbase, has become a major voice in the continuing discussion about the legal classification of Ethereum by the United States Securities and Exchange Commission (SEC), arguing in favor of the platform’s non-security status. Broader Recognition Of Ethereum Security Nature Taking to the X (formerly Twitter), the Coinbase […]
Following a recent lawsuit against prominent crypto exchange KuCoin, Caroline D. Pharm, a Commissioner at the Commodity Futures Trading Commission (CFTC) has warned that the agency may be infringing on the Securities and Exchange Commission’s authority in regards to securities trading. This development comes as both financial regulators continue the tussle over the control of […]
The legal battle between the United States Securities and Exchange Commission (SEC) and Ethereum (ETH) has transformed into an intriguing case within the entire cryptocurrency landscape, with several experts predicting possible outcomes regarding the dispute. Ripple CEO Warns US SEC’s Inevitable Defeat Against Ethereum As the battle wages on, the Chief Executive Officer (CEO) of […]
Coinbase Derivatives filed for approval of a Dogecoin futures product amid rising interest in memecoin trading.
SEC-registered broker Prometheum could force the agency to decide if Ether is a security and CFTC chair Rostin Behnam says that could lead to conflicting rules.
The CFTC Chair was testifying on the regulator's 2025 budget request.
The Commodity Futures Trading Commission wants U.S. policymakers to evaluate options for regulating the issue of identity information in decentralized finance, a report published Monday said.
The decentralized crypto exchange (DEX) is facing "inquiries" in the United States stemming from an October 2022 heist, according to posts in the project's Discord server. Now the DEX's governing body, called MangoDAO, is voting on whether to appoint a representative who can triage "U.S. regulatory matters" on its behalf.
The CFTC commissioner, in a year marked by an aggressive, sometimes arbitrary regulatory enforcement, stood out as an accommodator of innovation in the crypto sector.