Utah set to block prediction markets as state-federal tensions rise
CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.
CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.
Original source
Read on CointelegraphRelated market context
CFTC’s Mike Selig Vows to End Regulation by Enforcement as He Steers US Crypto Solo
Commodity Futures Trading Commission (CFTC) Chair Mike Selig said crypto markets have “for too long” operated under uncertainty, v...
Former SEC, CFTC Chair Gary Gensler argues that prediction markets don't overrule state regulations
The former regulator joined a number of interest groups in arguing that prediction markets are overstepping their bounds by offeri...
Hungary Reverses Crypto Crackdown, CFTC Proposes Prediction Market Rules, and Anthropic AI Jailbroken in 48 Hours
Hungary decriminalises crypto trading after EU scrutiny, CFTC proposes prediction market rules, and Anthropic's AI jailbroken in 4...
Hungary Decriminalises Crypto Trading, CFTC Proposes Prediction Market Rules, and AI Model Jailbroken in 48 Hours
Hungary reverses crypto restrictions, CFTC proposes prediction market rules, and an AI model is jailbroken in 48 hours. Key regula...
‘Anarchistic neobanks’ are bitcoin’s next frontier, says Blockrise CEO
Blockrise CEO Jos Lazet sees bitcoin-native institutions evolving into alternatives to banks, in an interview at BTC Prague.
Liberland fires tech sec for seizing blockchain and blocking president’s vote
Justin Sun’s made-up micronation Liberland has fired its secretary of technology after he allegedly blocked President Vít Jedlička...