Tag: CFTC

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Prediction markets get first U.S. rule proposal as CFTC pursues contract reviews

The U.S. Commodity Futures Trading Commission proposed its first prediction markets regulation on Wednesday, pitching an approach to how it can make widespread evaluations...

CFTC Scraps ‘No-Deny’ Rule in Legal Settlements

The US Commodity Futures Trading Commission has rescinded a long-standing policy that prevented it from accepting a lawsuit settlement if the defendant denied the...

CFTC Chair Claims Gemini Case was Politically Motivated, Seeks to Reverse $5M Settlement

US Commodity Futures Trading Commission (CFTC) Chair Michael Selig is claiming that the agency under former President Joe Biden “politically targeted” the co-founders of...

CFTC Cracks Open U.S. Market For Bitcoin And Crypto Perpetual Futures

The U.S. Commodity Futures Trading Commission (CFTC) has cleared the way for American traders to access one of crypto’s most important derivatives...

CFTC Backs Crypto Perpetual Contracts, Issues Advisory on 24/7 Trading

The US Commodity Futures Trading Commission (CFTC) took positions on cryptocurrency perpetual futures contracts and how the industry may be more suited for “24/7...

CFTC Approves First US-Regulated Bitcoin Perpetual Futures

The agency approved Kalshi's BTCPERP contract, the first bitcoin perpetual on a registered U.S. exchange, and in a separate action cleared Coinbase to route...

‘Extraordinarily Unusual’ for CFTC to Reverse Gemini Settlement Deal: Ex-chair

A former chairman of the US Commodity Futures Trading Commission (CFTC) responded to the agency’s move to vacate a $5 million settlement with cryptocurrency...

Kalshi follows CFTC in suing Minnesota over its law criminalizing prediction markets

Prediction market Kalshi filed a federal lawsuit against a Minnesota bill to criminalize operating, hosting or promoting such a platform in the state starting...

CFTC Seeks to Reverse Gemini Settlement

The US Commodity Futures Trading Commission has asked a federal court to vacate its $5 million settlement with crypto exchange Gemini, claiming that the...

U.S. CFTC opens crypto ‘perp’ door with first approval at regulated firm

U.S. crypto firms can offer perpetual futures contracts, or "perps," without running afoul of the U.S. Commodity Futures Trading Commission, according to the agency's...

Kalshi Sues Minnesota, CFTC Files Against Rhode Island as Prediction Markets Legal Battles Continue

The US Commodity Futures Trading Commission (CFTC) and companies behind prediction market platforms are continuing legal fights against state-level authorities, with the latest battlegrounds...

U.S. CFTC files request to erase Gemini settlement that it no longer considers fair

The U.S. Commodity Futures Trading Commission wants to tear up the remnants of an old dispute with crypto exchange Gemini, with the agency insisting...