Crypto.com Executive Confident Courts Will Uphold CFTC Jurisdiction Over Prediction Markets

Connecticut has issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com for engaging in illegal sports wagering activities. This enforcement action underscores the state's commitment to regulating online gambling and ensuring compliance among fintech platforms.

Connecticut has issued cease-and-desist orders to Kalshi, Robinhood, and Crypto.com, mandating them to halt unlicensed online gambling activities related to sports events contracts. This action underscores the state's regulatory stance on online gambling and its implications for these firms.

Polymarket has officially launched its mobile app for sports and proposition markets in the United States, following the approval from the Commodity Futures Trading Commission (CFTC). This marks a significant return for the platform under federal oversight, allowing it to operate legally within the U.S. market.

Polymarket has opened its US app to select waitlisted users following the Commodity Futures Trading Commission's (CFTC) approval for the platform's relaunch. This marks a significant step in the company's efforts to re-establish its presence in the US market after a period of regulatory uncertainty.

Polymarket has officially launched its U.S.-focused app following approval from the Commodity Futures Trading Commission (CFTC), marking a significant milestone in its operations within the U.S. market. This launch allows users to engage in prediction markets for various events, including sports and propositions.

The Senate is progressing with a mass-confirmation process that includes nominations for key positions at the Commodity Futures Trading Commission (CFTC) and the Federal Deposit Insurance Corporation (FDIC), both of which have significant implications for the cryptocurrency sector. This development indicates a potential shift in regulatory oversight as these agencies prepare to take on new leadership under former President Trump's nominees.

Polymarket has officially launched its U.S.-focused app following approval from the Commodity Futures Trading Commission (CFTC), marking a significant milestone in its operations within the U.S. market. This launch allows users to engage in prediction markets, enhancing the platform's accessibility and functionality.

Kalshi has launched on-chain event contracts integrated with the Solana blockchain, enhancing its platform for prediction markets. This move allows users to engage with decentralized event contracts, tapping into the growing cryptocurrency liquidity. The integration is seen as a significant step in expanding Kalshi's offerings in the prediction market sector.