The prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sports contracts face mounting legal scrutiny.

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.

The US commodities watchdog has settled with Celsius founder Alex Mashinsky, ending the agency’s first-ever case against a crypto lending platform.

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…

The lawsuit targets the federal regulator and Chair Michael Selig, alleging that the Commodity Futures Trading Commissioin is treating cryptocurrency “futures” as “swaps,” posing risks to derivatives markets.

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…

Gambling industry groups want the US Senate to step in to clarify that the Commodity Futures Trading Commission does not have the authority to oversee prediction markets.

A new FTC lawsuit reveals how sophisticated subscription app operators can allegedly use shell companies and payment infrastructure to stay active on app stores despite mounting consumer complaints.

The collaboration comes as US state regulators and the CFTC battle over oversight of event-based contracts.

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…

World models are the next big thing in AI beyond LLMs and, with this round, Odyssey has cemented itself as one of the startups to watch.

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.

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.

The CFTC staff appointment came amid the US Congress seeking to overhaul federal financial regulators’ roles over digital assets with the CLARITY Act.

The offering follows Kraken's acquisition of Bitnomial and comes amid a broader push to bring crypto derivatives trading onshore.

New Mexico is the eighth state sued by the CFTC over prediction markets, as Gary Gensler doubted the regulators' claim of authority over sports event contracts.