Regulation
Kalshi loses appeal, setting up potential Supreme Court case
The 6th US Circuit Court of Appeals ruled against prediction market Kalshi, siding with Ohio and Tennessee on regulating sports-event contracts under state laws.
Regulation
Regulation
Ex-CFTC Leader to Leave Blockchain Association after CLARITY Vote Fails
Summer Mersinger, formerly a commissioner with the US Commodity Futures Trading Commission (CFTC), will step down as CEO of the Blockchain Association and leave the advocacy organization at year’s end after one of the group’s […]
Regulation
New York sues Polymarket over alleged illegal gambling business
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an illegal gambling operation.
Regulation
US Lawmakers from Gaming States Urge SCOTUS to Take up Kalshi Case
A group of US state lawmakers has filed an amicus brief with the US Supreme Court, urging justices to weigh in on a case between prediction markets platform Kalshi and gaming authorities. On Tuesday, the […]
