A Sixth Circuit Court of Appeals panel ruled that prediction markets’ sports-related events contracts are not swaps, and therefore aren’t subject to …
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Sports
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Regulation
Federal Courts Now Disagree on Kalshi’s Sports Contracts. New Jersey Wants the Supreme Court to Settle the Fight
by shayaanby shayaanIt is the first time either side of the dispute has asked the justices to step in, and the timing is not …
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Regulation
Michigan Blocks Predictions Markets Platform Kalshi From Offering Sports Bets in the State
by shayaanby shayaanA 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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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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Securitize will handle regulated securities issuance, investor onboarding and ownership records for Socios.com’s plan to sell tokenized minority stakes in professional sports …
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Securitize and Socios.com announced a strategic partnership on September 2 to develop regulated tokenized equity offerings tied to minority interests in professional …
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The Commodity Futures Trading Commission is reviewing prediction market “mention markets” over concerns that contracts tied to specific spoken words may be …
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Not Swaps, and Not Preempted Even If They Were U.S. District Judge Vernon D. Oliver’s ruling rests on a threshold point rather …
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Regulation
Kalshi Takes Tribal Sovereignty Fight to Ninth Circuit Over Sports Markets
by shayaanby shayaanTribal case tests a different Kalshi defense Kalshi faced the Ninth Circuit on July 10 as Blue Lake Rancheria, Chicken Ranch Rancheria …
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Regulation
Kalshi Takes Tribal Sovereignty Fight to Ninth Circuit Over Sports Markets
by shayaanby shayaanTribal case tests a different Kalshi defense Kalshi faced the Ninth Circuit on July 10 as Blue Lake Rancheria, Chicken Ranch Rancheria …
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