A heavy week of macro data and corporate earnings is about to test the conviction behind crypto’s recent price stability. Digital asset …
market
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Regulation
CFTC settles with former U.S. Rep. George Santos over Kalshi market manipulation claims
by shayaanby shayaanThe U.S. Commodity Futures Trading Commission (CFTC) has reached a settlement with former U.S. Representative George Santos over allegations that he manipulated …
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The Digital Asset Market Clarity Act (H.R. 3633) a major U.S. digital asset legislative proposal that divides regulatory power between the SEC …
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Scams
Robinhood Posts Best Quarter Ever as Prediction Market and Robinhood Chain Take Off
by shayaanby shayaanIn brief Robinhood posted record Q2 revenues of $1.31 billion, up 32% year-over-year, beating Wall Street’s estimate of $1.26 billion. Crypto revenue …
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Regulation
Kalshi, Polymarket win pause against Minnesota’s prediction market ban
by shayaanby shayaanA federal judge ruled that Minnesota’s law banning prediction markets likely runs afoul of the Commodity Exchange Act, granting a preliminary injunction …
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In brief The odds that the Fed pushes for “no change” on interest rates has fallen sharply on prediction markets in the …
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The Hyperliquid Policy Center and Multicoin Capital have filed a joint comment supporting the Commodity Futures Trading Commission’s proposed prediction-market framework. The …
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Adoption
Federal Judge Blocks Minnesota’s First-of-its-Kind Prediction Market Ban
by shayaanby shayaanMinnesota’s attempt to become the first state to outlaw prediction markets hit a swift legal wall on Monday when a federal judge …
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Adoption
Wall Street Banks Take It Slow As $90 Trillion Perpetual Futures Market Opens In The U.S.
by shayaanby shayaanThe crypto market’s most traded product—perpetual swaps—is finally arriving on U.S. regulated exchanges, but the biggest Wall Street institutions are staying away, …
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In a new advisory, the Commodity Futures Trading Commission’s Division of Market Oversight called on designated contract markets to comply with the …