CFTC Commissioner Calls for US Crypto Policy Reforms
The CFTC’s Summer Mersinger urged the industry to interact with the incoming US administration and promoted organized crypto laws. Speaking at the North American Blockchain Summit on Nov. 21, CFTC Commissioner Summer Mersinger emphasized the need for standardized U.S. crypto policies to be developed through notice-and-comment regulation. CFTC’s Role in “Regulation by Enforcement” The Commodity Futures […]
Kalshi Expands Betting to Global Elections
Kalshi now offers betting on election outcomes outside the U.S., including Australia, Ecuador, and the 2025 elections in Canada and Ireland. As political wagers continue to rise in anticipation of the presidential election in the United States, the prediction marketplace Kalshi has expanded its offerings to include contracts for betting on the results of elections […]
CFTC Presses for Clear Laws on Crypto, Election Bets
Rostin Behnam, chair of the CFTC, urged Congress to regulate cryptocurrencies and predictive election betting at the SIFMA conference. Rostin Behnam, who serves as the chair of the Commodity Futures Trading Commission, recently brought attention to the problem of Congress’s lack of action on regulating cryptocurrencies and betting on predicting election outcomes. During the SIFMA […]
Kalshi Election Bets Surge After Court Win
Kalshi certified event contracts for U.S. political events after a legal win against the CFTC in September. Kalshi has certified more than a dozen event contracts that are related to the results of political events in the United States since he prevailed in a major court battle in September. These event contracts, also known as […]
Crypto.com Sues US SEC to ‘Protect the Future of Crypto’
Crypto.com exchange is filing a lawsuit with the US Securities and Exchange Commission to safeguard the future of the crypto industry in the United States. On Oct. 8, Kris Marszalek, the co-founder and CEO of Crypto.com, announced on X that the company had filed a lawsuit against the US Securities and Exchange Commission(SEC). “This unprecedented […]