The Commodity Futures Trading Commission is no longer just watching prediction markets from the sidelines. Chairman Mike Selig confirmed on May 12 …
Markets
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The latest conflict involving Iran has produced an unexpected proving ground for financial infrastructure, and an unlikely winner has emerged, argues Huang. …
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Regulation
Crypto markets are massively underpricing Clarity Act passing – Hashdex warns
by shayaanby shayaanThe Senate Banking Committee meets in executive session later today, May 14, to consider the CLARITY Act, a bill that already cleared …
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Finance
ECB signals June policy showdown as markets weigh rate hike vs hold scenario
by shayaanby shayaanA member of the European Central Bank Governing Council has indicated that the upcoming June meeting will determine whether interest rates are …
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Ondo Finance announced that its platform Ondo Global Markets became the first tokenized stocks platform to surpass $1 billion in total value …
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Regulation
CFTC tells appeals court states cannot regulate prediction markets as gambling
by shayaanby shayaanThe U.S. Commodity Futures Trading Commission [CFTC] has escalated its fight with state regulators over prediction markets, arguing in a new federal …
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DeFi
TaskOn Partners with Fortune Global to Accelerate Liquidity Infrastructure for Prediction Markets
by shayaanby shayaanTaskOn, a well-known Web3 community engagement and growth platform, has partnered with Fortune Global, a popular Web3 prediction market entity. The partnership …
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Scams
Myriad Adopts Chainlink as Official Oracle Platform to Power New Crypto Prediction Markets
by shayaanby shayaanIn brief Myriad has adopted Chainlink to power its crypto prediction markets, launching with markets for BTC, ETH, BNB and SOL. The …
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Finance
Council of Economic Advisers estimates $35B boost from opening 401(k)s to private markets
by shayaanby shayaanThe White House Council of Economic Advisers thinks it has found a $35 billion idea hiding inside America’s retirement accounts. The pitch: …
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Markets
U.S. CFTC in talks with every major pro sports league on policing prediction markets
by shayaanby shayaanChairman Michael Selig says the agency has already taken several states to court to prove that sports contracts aren’t just betting but …