Another appeals court rules against Kalshi, saying sports prediction contracts fall under state regulations.
A Sixth Circuit Court of Appeals panel ruled that Kalshi’s sports-related event contracts are not swaps, meaning they are not subject to federal regulatory oversight.
SEC’s Crypto Advocate Hester Peirce to Leave Next Week
SEC’s Crypto Advocate Hester Peirce to Leave Next Week Hester Peirce, often called “Crypto Mom,” is set to leave the U.S. SEC on Oct. 2 after years of advocating for clearer crypto regulations.
#Tether confirms minimal EQIBank exposure after $89M US asset seizure
Tether says its exposure to EQIBank is limited, with a maximum potential amount of less than $64 million. The case highlights ongoing counterparty risks across fiat gateway networks.
New York sues Polymarket, alleging it’s running an illegal gambling operation
New York sues Polymarket, alleging it’s running an illegal gambling operation New York is seeking to block Polymarket from operating without a gambling license and recover allegedly illegal gains.