CFTC issues no-action letter to Bitnomial, clearing way for event contracts
The no-action letter comes amid growing acceptance by US regulators of prediction-style markets and event contracts during an election year.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The no-action letter comes amid growing acceptance by US regulators of prediction-style markets and event contracts during an election year.
Why this matters
CFTC is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps
A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event...
Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay
Bitcoin Magazine Regulators To Push Pro-Crypto Initiatives Following Clarity Act Delay The long-awaited crypto Clarity Act has sta...
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sports-related prediction markets.
SEC Schedules Meeting to Propose Regulation Crypto, Its First Formal Crypto Rulemaking
The U.S. Securities and Exchange Commission will decide Friday whether to formally propose Regulation Crypto, the rulemaking expec...
Dogecoin (DOGE) Price Prediction: DOGE Defends $0.070 Support as $0.0722 Breakout Could Spark a Bigger Recovery
Dogecoin is once again approaching an important turning point as price holds above a major support zone and network activity begin...
Ethereum (ETH) Price Prediction: ETH Tests $1,870 as Bulls Eye $1,940 While Breakdown Risk Points to $1,500
Ethereum price is sitting at an increasingly important point in its short-term structure as price consolidates near the $1,850-$1,...