Latest updates, press releases, and insights from the volatile world of digital assets.
New York Attorney General Letitia James told Congress the federal market structure bill risks limiting state enforcement as Senate leaders weigh a possible floor vote before the August recess
The CFTC has directed prediction market platform Kalshi not to cancel trades involving Michigan residents, creating a direct conflict with a state court ruling and escalating tensions over federal versus state authority in these markets
North Carolina has passed legislation recognizing federal CFTC authority over prediction markets, allowing platforms to operate under national rules while applying a 6% tax on net revenue from state residents starting in 2027. This stands in contrast to higher taxes on sports betting and ongoing disputes in other states
European regulator reminds firms that event contracts with binary outcomes and fixed payouts may qualify as financial instruments under existing MiFID II rules, triggering the 2018 binary options ban for retail investors
US Senators John Curtis and Adam Schiff have called on the Commodity Futures Trading Commission to examine reports of deceptive advertising practices by the prediction market platform
Rep. Bryan Steil has introduced legislation targeting potential insider trading by lawmakers on platforms handling policy and political event contracts, aiming to restore public trust without a full ban on such markets
The U.S. Commodity Futures Trading Commission has permanently banned former Celsius CEO Alex Mashinsky from commodities trading and registration, finalizing its enforcement action related to the platform's collapse
The U.S. Commodity Futures Trading Commission has taken major steps to integrate perpetual futures and options into regulated markets, approving Kalshi's Bitcoin contracts while granting Coinbase a key position to offer global crypto derivatives domestically
