The judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license.
United States News
The United States has maintained the highest gross domestic product in the world since 1871, making it a critical player in the evolution of commerce, finance and technology. The U.S. has been home to some of the most successful, long-standing crypto exchanges and other businesses in the industry.
Over 10 years later, the role of Bitcoin (BTC) in the U.S.’s evolution into digital finance and commerce is still unclear, as U.S. cryptocurrency regulation is still inconsistent, hazy or, at best, done in a patchwork fashion across the 50 states and other territories.
Stay tuned as Cointelegraph covers all the important updates and stories regarding the regulation, maturation and evolution of the crypto space.
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- Market Update
Bitcoin is poised for a reversal if ETF demand returns or a ceasefire occurs, potentially crushing short sellers in a massive price squeeze.
823 - Video
In a recent Cointelegraph interview, macro investor James Lavish explains why markets are pricing in a quick end to the Iran war — and what could happen if that assumption is wrong.
1667 - News
The Independent Community Bankers of America warns Coinbase’s trust charter falls short of regulatory standards and could pose risks to consumers and the financial system.
1403 - News
Stephanie Cutter will join the prediction markets company as a policy adviser, having previously worked in Democratic lawmakers’ campaigns.
1269 - Market Update
Bitcoin data shows a series of bearish trading patterns that could usher in new price lows if the key support at $60,000 fails to hold. Here’s why bulls need a rally to $76,000.
2317 - Market Update
Are Bitcoin’s odds for a rally to $75,000 diminished by a weakening US economy, the war in Iran and multiple institutional BTC holders selling in the open market?
2366 - News
The Commodity Futures Trading Commission claims it "first officially recognized" event contracts in 1992 and that Congress has granted it sole authority over the market.
1226 - News
The new platform enables companies to hold funds, move money and settle transactions in fiat or crypto within a single regulated system.
1429 - News
Chief legal officer Paul Grewal announced the approval on Thursday, thanking OCC head Jonathan Gould, who took office less than a year ago.
1345 - News
Polymarket’s March 30 fee overhaul lifted daily fees and revenue, but how long the spike lasts is unclear as regulatory pressure builds.
1021 - News
Singh faced legal action from the SEC, CFTC and US Department of Justice after FTX collapsed in November 2022 but avoided significant prison time by cooperating with authorities.
1078 - News
The Treasury published its notice of proposed rulemaking for states on dollar-pegged stablecoins with market caps of less than $10 billion
1362 - Market Update
An $80 million leveraged position includes a Bitcoin short and a long bet on oil prices, though the trader has a history of large losses.
3896 - News
The crypto exchange seeks a charter from the US Office of the Comptroller of the Currency to separate custody from trading and expand services under a regulated banking framework.
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