The state wants to block Polymarket from operating without a gambling license and recover allegedly illegal gains. www.coindesk.com
York
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Regulation
New York Attorney General Leads 17 States in Opposing the Clarity Act
by shayaanby shayaanNew York Attorney General Letitia James led a bipartisan coalition of 17 other state attorneys general on September 14 in opposing the …
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The town of Plattsburgh in New York state held a public hearing to discuss a temporary land use moratorium for operations including …
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Markets
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
by shayaanby shayaanNew York sued Kalshi last month in a bid to block it from operating sports-related prediction markets. www.coindesk.com
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Regulation
New York Lawsuit Is an Attack on the Entire Prediction Market Industry
by shayaanby shayaanKalshi CEO Tarek Mansour has pushed back against a lawsuit filed by New York state regulators, arguing that the case is not …
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Scams
Circle Lands New York Trust Charter as Stablecoin Issuer Expands Regulatory Footprint
by shayaanby shayaanIn brief Circle received a limited-purpose trust charter from the New York Department of Financial Services. The charter allows Circle to operate …
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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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There is a useful difference between a noisy headline and a story that actually changes the market’s understanding of a sector. House …
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Mining
Bitcoin miner AI pivot hits roadblock with New York 50 MW permit freeze
by shayaanby shayaanNew York has become the first US state to impose a statewide moratorium on large new data centers, creating an early regulatory …
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Regulation
Mystery owner challenges the $200B ‘lost’ Satoshi Bitcoin claim in New York court
by shayaanby shayaanA pseudonymous respondent has appeared in New York court to challenge a lawsuit seeking control of over $200 billion worth of long-dormant …