Brazil Bans 27 Prediction Platforms Including Kalshi, Polymarket
Brazil has blocked 27 prediction market platforms as new regulations classify many contracts as gambling. The ban affects major players Kalshi and Polymarket.
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CFTC Sues New York Over Prediction Market Gambling Law
Federal regulator challenges state's attempt to apply gambling restrictions to prediction platforms, escalating jurisdictional battle over event-based contracts…
European Banks Embrace Crypto Integration Post-MiCA Regulation
Traditional European financial institutions are rapidly integrating digital assets into their core infrastructure following MiCA's implementation, reshaping the…
Wisconsin Sues Crypto Prediction Market Platforms Over Sports Betting
Wisconsin's legal action against Kalshi, Polymarket, and major crypto exchanges escalates regulatory tensions over sports prediction markets, highlighting the c…
Russia Legalizes Crypto for International Trade Settlements
Russia's State Duma has passed landmark legislation authorizing cryptocurrency use for global trade settlements, marking a significant shift in the nation's dig…
US DOJ Strike Force Restrains $701M in Crypto Amid Scam Crackdown
The Department of Justice's specialized task force has frozen $701 million in cryptocurrency while dismantling a sophisticated fraud network involving fake job …
Wisconsin Sues Major Crypto Platforms Over Prediction Market Gambling Concerns
Wisconsin becomes latest state to challenge prediction market platforms, filing suit against Kalshi, Coinbase, Polymarket, Robinhood, and Crypto.com over gambli…
US Army Soldier Charged in $400K Polymarket Insider Trading Scheme
Federal prosecutors charged an Army soldier with insider trading on Polymarket after allegedly profiting $400K using classified intelligence about Venezuela's p…
Kalshi Bans 3 US Politicians for Betting on Own Elections
Prediction market platform Kalshi has banned three US politicians for placing bets on their own election races, raising questions about insider trading rules in…
SEC Eyes Tokenized Securities Exemption as Digital Assets Gain Legitimacy
SEC Chair Paul Atkins signals the regulatory body is preparing an innovation exemption to facilitate compliant onchain trading of tokenized securities, marking …