CFTC Sues Minnesota Over Prediction Market Ban
@Kalshi has filed a federal lawsuit against Minnesota’s new law criminalizing prediction markets, claiming it violates the Supremacy Clause and First Amendment rights. #Update #Legal $USDT
Prediction markets
CFTC Sues Rhode Island Over Prediction Markets
The CFTC sues Rhode Island to prevent state gambling laws from regulating federally registered prediction markets, intensifying a jurisdictional battle over event-contract platforms. Legal
CFTC Prediction Market Rule Gains Trump Support
The White House’s regulatory office is reviewing a proposed CFTC rule on prediction markets, potentially impacting platforms like Kalshi and Polymarket, as Trump supports federal oversight. #Update #Crypto $CFTC
Polymarket Enforces KYC Amid Global Scrutiny
Polymarket enforces KYC amid regulatory scrutiny, facing ISP blocks in Spain and U.S. House inquiries on suspicious trading. #Update #Legal @Polymarket
Trump Defends CFTC Amid Court Challenges
U.S. President Donald Trump supports CFTC’s exclusive authority over prediction markets, amid state lawsuits claiming these are gambling products; several countries have recently banned such markets. #Update #Crypto $BTC
Spain Targets Polymarket Kalshi Amid EU-US Rift
Spain’s DGOJ to block @Polymarket and @Kalshi in 7-10 days amid European enforcement; US CFTC supports prediction markets. #Breaking #Legal
Polymarket Banned in Indonesia Over Prabowo Bets
Indonesia blocks @Polymarket citing online gambling laws after users bet on President Prabowo leaving office before 2029; part of a broader crackdown freezing 33,000 bank accounts. #Breaking #Legal
Bitcoin Surges to $77K Amid Iran Tensions
Bitcoin hits $77,303 on Bitstamp amid U.S.-Iran ceasefire talks; Polymarket peace deal bets surge to $154M. #Update #Crypto $BTC
Congress Launches Insider Trading Probe on Polymarket Kalshi
The U.S. House Oversight Committee, led by Rep. James Comer, is investigating @Polymarket and @Kalshi for potential insider trading by government employees using classified information for profit #Breaking #Legal $POLY $KAL
Prediction Markets Banned in India Polymarket Shuts Down
@Polymarket is inaccessible in India following a government directive targeting illegal betting platforms; @Kalshi may face similar restrictions soon. #Update #Crypto $BTC
Crypto Prediction Markets Face Congressional Ban
An investigation by Bubblemaps reveals a concerning trend of insider trading in prediction markets, with $2.4M placed on U.S. military operations before attacks on Iran, prompting congressional action. #Update #Crypto $POLY
CFTC Approves NHL Prediction Market Safeguards
The U.S. Commodity Futures Trading Commission has signed a memorandum of understanding with the National Hockey League to oversee prediction market betting, enhancing integrity measures against fraud and insider trading. #Update #Legal $USDT
Nasdaq Data Powers 1,600 Unicorn Markets
Polymarket launches prediction markets for private companies using Nasdaq Private Market data, opening access to 1,600 unicorns valued over $5 trillion. #Update #Finance
Nevada Regulators Reject Prediction Market Blame
@Predict2026 moved its conference from Las Vegas to New York citing “regulatory pressure,” which Nevada regulators deny, stating they did not influence event cancellations. #Update #Crypto