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Several states already sent cease-and-desist letters to platforms such as Kalshi that offer sports prediction contracts, ...
Kalshi’s model—described as a peer-to-peer “financial exchange”—has been criticized as a distinction without a difference ...
CFTC data for the week ending March 18 revealed that professional speculators slashed net long positions by 34,000 contracts. This move reflects a pullback from the bullish positioning that ...
Gordon Coburn and Steven Schwartz were on the verge of going to trial on charges of scheming to pay bribes in India when President Trump issued an executive order that put enforcement of the Foreign ...
The relief in Letter 25-09 will remain in force until the Commission adopts a final rule addressing the PTMMM requirement. It will be interesting to see how quickly the CFTC moves forward with ...
Almost two dozen firms have tried to strike deals with the US derivatives regulator to resolve low-stakes enforcement cases, ...
Kalshi, the prediction market platform shaking up traditional betting models, just scored a big win in Nevada. A federal ...
U.S. Commodity Futures Trading Commission (CFTC) has named Indian American Rahul Varma as Acting Director of the Division of ...
The Department of Justice has officially pulled the plug on its crypto enforcement unit. This is a major shift in how the U.S. government will ...
The Department of Justice is not a digital assets regulator,” U.S. Deputy Attorney General Todd Blanche said in the Monday ...
State gambling regulators have begun asserting jurisdiction over these platforms, arguing that event contracts are really ...
State of the Union: Tribes-SBA consider California sports betting plan; gambling stocks plunge, more
California tribes and coalition of commercial sportsbooks hold talks in San Diego; Trump tariffs push gambling stocks to ...
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