CFTC

Federal Judge Blocks Minnesota's Prediction Market Ban

A federal judge has temporarily blocked Minnesota's prediction market ban, allowing Kalshi and Polymarket to continue operating while a legal challenge over federal jurisdiction moves forward.

Polymarket Moves Toward U.S. Margin Trading With New Regulatory Filings

Polymarket has filed for regulatory approvals to offer margin trading in the U.S., seeking to expand its prediction market platform as rival Kalshi advances its own leveraged trading plans.

CFTC Chief Urges Senate To Pass CLARITY Act

CFTC Chief Michael Selig urged the US Senate to pass the CLARITY Act. With around four weeks before the next recess, it might be the last realistic window for passage.

Federal Judge Rejects Kalshi's Bid to Block New York Gambling Laws

A federal judge denied Kalshi's request to block New York's gambling laws, dealing a blow to the prediction market platform's legal fight over sports-event contracts.

TRM Labs Says CoinEx Processed $3.84 Billion Linked to Sanctioned Iranian Entities

Global cryptocurrency exchange CoinEx has processed more than $3.84 billion in transaction flows linked to sanctioned Iranian entities since 2019.

CME Group Plans Lawsuit Against CFTC Over Approval of Perpetual Futures Contracts

CME Group plans to sue the CFTC over approval of perpetual futures contracts, with CEO Terrence Duffy warning the leveraged products pose major financial risks and should be regulated as swaps.

Kentucky Sues Kalshi, Polymarket, and Coinbase Over Alleged Illegal Sports Betting Operations

Kentucky has sued Kalshi, Polymarket, and Coinbase, alleging they run illegal sports betting operations disguised as prediction markets, escalating a legal clash over federal and state gambling jurisdiction.