Meta (META), the parent company of Facebook, is developing a new app called “Arena” that mirrors a prediction market platform, according to people familiar...
Commodity Futures Trading Commission (CFTC) Chair Michael Selig on Tuesday acknowledged fundamental differences in the traditional commodity markets it has long regulated and its...
Wisconsin Representative Bryan Steil, who chairs the House subcommittee on digital assets, introduced a law to prevent certain public officials from “wagering on public...
Kentucky has sued five prediction market platforms, including Kalshi and Polymarket, adding to a wave of US states launching legal fights with prediction markets...
The American Gaming Association, the Indian Gaming Association, and two hospitality unions are pressing senators to insert sports-betting carve-out language into the CLARITY Act,...
Several national gaming and tribal organizations and labor groups have reportedly called on the US Senate to add language “that explicitly prohibits event contracts...
“This action runs counter to the CFTC's established framework for regulating prediction markets,” the spokesperson said in a statement emailed to CoinDesk.So far, the...
A coalition of federally recognized tribes and Indian regulatory bodies filed amicus briefs in two federal cases, arguing CFTC preemption would nullify tribal-state gaming...
Most people believe that crypto’s most important innovation is creating new ways to trade assets, but today, one of the industry’s fastest-growing sectors is...
