CFTC and SEC seek public input on swaps definitions as CME sues the CFTC over crypto perpetual futures approvals and Kalshi products.

U.S. CFTC permanently banned Alex Mashinsky from regulated trading, closing its Celsius case while SEC claims and sentence challenge continue.

Wealthsimple has secured approval to offer roughly 4,000 prediction market contracts in Canada, expanding retail access to event-based trading through a new partnership with Kalshi. According to Wealthsimple, the company plans to launch a standalone prediction markets platform called Wealthsimple…

Senator Bill Hagerty has renewed expectations that Congress could advance the Digital Asset Market Clarity Act before the July 4 recess, even as several lawmakers continue to caution that final Senate action may take longer. According to comments made by…

CME Group has filed a lawsuit against the U.S. Commodity Futures Trading Commission after the regulator approved crypto perpetual futures that have already generated more than $1 billion in trading volume. According to Bloomberg, the derivatives exchange sued the CFTC…

CME plans to sue the CFTC over U.S. approval of perpetual futures, arguing crypto perps should be treated as swaps under Dodd-Frank law.

Kalshi has fueled a billion-dollar dispute over sports betting regulation as trading activity on its platforms continues to surge. According to a report from Semafor, a coalition that includes the Indian Gaming Association, the American Gaming Association, and labor organizations…

Illinois has approved a new 0.2% tax on crypto transactions that state officials estimate could generate up to $60 million annually, prompting public criticism from Strategy co-founder Michael Saylor and several industry groups. In a June 17 X post, Saylor…

The U.S. gaming industry has urged Congress to use crypto market structure legislation to block sports and casino-style prediction markets from operating under federal derivatives rules. According to a Semafor report published Tuesday, several gaming organizations sent a letter to…

Kalshi says perpetual futures volume crossed $5.5B in two weeks as it studies more contracts and plans to expand beyond crypto assets later.