A Michigan court is barring a prediction market platform from offering sports wagers to state residents or risk massive daily fines for …
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Tag:
Michigan
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In brief Ingham County Circuit Judge Rosemarie Aquilina granted Michigan a preliminary injunction against Kalshi, signed Tuesday. Kalshi must run geolocation through …
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Regulation
Crypto PAC Fairshake adds Michigan and Washington victories to 2026 election run
by shayaanby shayaanCrypto-backed PACs have helped several pro-crypto congressional candidates secure party nominations in Michigan and Washington after directing hundreds of thousands of dollars …
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The Michigan State Retirement Fund has increased its stake in Strategy (formerly MicroStrategy) by 141%, bringing its total holdings to 14,000 shares …
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Markets
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
by shayaanby shayaanThe federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to “bully” the firm into reversing trades. …
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Scams
Michigan Federal Judge Rules Sports Prediction Markets Are Not Under CFTC Purview
by shayaanby shayaanIn brief A Michigan federal judge ruled sports prediction markets are not CFTC-regulated swaps, siding with state regulators over Polymarket. The court …
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A newly introduced bill in the Michigan legislature threatens to pump the brakes on the expansion of the cryptocurrency mining industry within …