The federal government has hauled Utah into court over prediction markets, challenging a state gambling crackdown that targets Kalshi and potentially $61.2 million in trading fees. The showdown pits Washington’s derivatives regulator against one of America’s strictest gambling prohibitions.
Policy
On September 15, the US Senate voted 49 to 50 on whether to even begin debating the CLARITY Act, the market structure bill the crypto industry had spent more than a year negotiating. It needed sixty votes. Not a single Democrat voted yes, …
Policy
Speaking at Ripple's conference, the U.S. Treasury Secretary said the SEC and CFTC action could help fill the gap left by the Clarity Act's failure, while curbing crypto debanking.
Policy
The CFTC is escalating its legal fight with states, suing Utah after the state filed a lawsuit against prediction market platform Kalshi.
Policy
The September survey offered a possible window into US voters who could consider fintech and digital asset policies on Election Day.