Utah has filed criminal charges against betting platform Kalshi and its co-founders. www.coindesk.com
Gambling
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Regulation
Kalshi and Polymarket won’t be part of FTC sports gambling probe, report
by shayaanby shayaanSources familiar with the matter told The Washington Sun that the industry evaluation “is in its early stages,” and that it’s conducted …
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Analysis
CFTC Draws Sharp Line Excluding Casino Gambling From Swaps While Targeting Event Contracts
by shayaanby shayaanFederal regulators are drawing a sharp line between casino-style gambling and event contracts in derivatives oversight. The Commodity Futures Trading Commission says …
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Scams
CFTC Draws the Line Between Prediction Markets and Gambling in New Rules
by shayaanby shayaanIn brief The CFTC issued two measures Friday: a proposed rule expanding the “swap” definition to include event contracts , and an …
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Markets
U.S. CFTC seeks event contract definitions that may defy states' gambling claims
by shayaanby shayaanAs it battles with states over prediction markets, the CFTC sent two related rules on swaps definitions for White House review. www.coindesk.com
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Markets
New York sues Polymarket, alleging it is running an illegal gambling operation
by shayaanby shayaanThe state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains. www.coindesk.com
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Regulation
Ninth Circuit ruling clears path for Nevada to enforce gambling rules on Kalshi
by shayaanby shayaanThe U.S. Court of Appeals for the Ninth Circuit has ruled against Kalshi, a prediction market platform, in a dispute over state …
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A cryptocurrency network allegedly helped Iran move billions of dollars through global financial markets despite years of international sanctions, according to an …
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Markets
New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'
by shayaanby shayaanThe suit wants to bar the company from operating what it says is an unlicensed gambling business and seeks financial redress. www.coindesk.com
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Chinese courts have sentenced five Sifang payment platform operators to between three and six years in prison over a gambling network that …