CFTC bars George Santos from prediction markets after Kalshi SOTU trading order
A separate SDNY Polymarket defendant is asking to dismiss CEA counts by arguing event contracts are not clearly “swaps.”
A separate SDNY Polymarket defendant is asking to dismiss CEA counts by arguing event contracts are not clearly “swaps.”
No pending DCM filing was visible in CFTC records as of the day the plan was announced at Rare Evo.
A July 27 injunction blocks Aug. 1 enforcement while the court weighs CEA preemption for some event contracts.
The agency also extended Kraken Derivatives Exchange’s dormant status after no trading since early 2025.
Testimony flagged CFTC staffing limits as state court fights intensify around Kalshi and Polymarket.
Regulators cited illegal gambling status, ad-related criminal exposure, and a prosecutor-led probe into missing KYC controls.
Senate talks are stuck on bipartisan ethics language as the August recess compresses floor time.
Polymarket priced a Trump pardon by July 31 at under 1% despite more than $734,000 in volume.
Lummis expects new text within days and a Senate floor slot next week as prediction markets price a vote higher than enactment.
The odds appear as implied chances of winning and are labeled informational-only, with no in-app betting.
Polymarket implied odds for CLARITY approval were cited at 45% ahead of an Aug. 7 timing marker.
Goldman, Morgan Stanley and Bank of America are moving on employee restrictions as World Cup volumes hit records.
The campaign pairs viral marketing with a CFTC-supervised sports-betting app launched in December.
Chair Tom Lee tied ETH/BTC strength to improving odds of the US CLARITY Act passing this year.
The review shifts scrutiny from local users to the platform’s operating model after a June 5 police probe tied to election markets.
The on-chain report says U.S.-linked flow skewed toward geopolitics markets that regulated U.S. venues typically don’t list.
Polymarket International rose to roughly $4.3B as US and EU regulators sharpen their stance on event contracts.
Tokenized assets reached a $3.5B record and prediction markets gained traction, while funding fell to 3% from 11% in two days.
The bank sees near-term volatility risk in crypto-linked equities including COIN, CRCL, and BLSH as the bill’s path tightens into August recess.
A court filing described a $120,000-per-day penalty tied to geolocation compliance, with the order set to expire July 13.