Quick Summary: CFTC Chairman Michael Selig warns that without clear federal rules, prediction markets risk the same collapse seen with…
Browsing: cftc
Quick Summary: CFTC enforcement director David Miller warns that insider traders in prediction markets will face prosecution as the industry…
Quick Summary: A U.S. federal court has permanently banned KuCoin’s operator from serving U.S. users and imposed a $500,000 penalty…
Quick Summary: KuCoin’s parent firm Peken Global Limited will pay a $500,000 civil penalty to settle CFTC claims it ran…
Quick Summary: The NFL has sent letters to prediction market platforms Kalshi and Polymarket objecting to football event contracts it…
Quick Summary: Detroit lawyers are set to file an amicus brief supporting Michigan authorities in their lawsuit against Coinbase over…
Quick Summary: Intercontinental Exchange finalises a $1.6 billion investment in Polymarket, fulfilling its earlier commitment as the prediction market sector…
Quick Summary: Coinbase users are pushing back against repeated notifications promoting prediction market bets on college basketball games during March…
Quick Summary: Tether has engaged KPMG for a comprehensive audit of USDT, the world’s largest stablecoin, marking its first full…
Quick Summary: Tether has engaged KPMG for its first full financial audit and brought in PwC to prepare internal systems,…