The NFL filed an amicus brief urging the Supreme Court to hear New Jersey's case, arguing Kalshi's sports contracts are gambling, not CFTC-regulated swaps.
Policy
In opposition to federal oversight of the prediction markets, the National Football League has sided with states, Gary Gensler and one of the authors of the relevant law.
Policy
Representative French Hill still hopes for approval of the CLARITY Act after the midterm elections. Hill, who championed the FIT21 Act—an earlier attempt to establish clear rules for the crypto market—believes that the current agency-led r…
Policy
A government wallet holding Bitcoin seized from the Bitfinex hacker sent 12,267 BTC to a new, unlabeled address, according to Arkham data.
Policy
The US government moved approximately $1.01 billion in Bitcoin on October 8, raising fears of a major sell-off as the cryptocurrency market continued to decline. Arkham data shows two outgoing transfers from a wallet holding Bitcoin seized…