U.S. Commodity Futures Trading Commission Chairman Mike Selig has escalated a legal dispute over the regulation of prediction markets, directing his agency to file an amicus brief asserting federal jurisdiction…
DraftKings has launched a standalone predictions application that places the company directly within federally regulated prediction markets under the oversight of the US Commodity Futures Trading Commission. The new app…
Prediction market platform Kalshi said it does not plan to allow users to trade contracts tied to whether college athletes enter the transfer portal, stepping back after sharp public criticism…
Coinbase is moving deeper into traditional financial markets as it prepares to offer stock trading and event based contracts to its retail users, signaling a broader strategy to reduce dependence…