The embrace of crypto by financial regulators under President Trump has entered a new, cozier phase.
Category: Commodity Futures Trading Commission
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From Foe to Ally: The S.E.C. Is Now Writing Crypto-Friendly Policies
The New York Times – Business: -
Polymarket Won’t Pay Users Who Bet on a U.S. Invasion of Venezuela
Polymarket users bet on whether the U.S. would invade Venezuela, but the prediction market said the Venezuelan president’s capture did not constitute an invasion.
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Is Sports Betting Illegal in Your State? Not if You Call It a ‘Prediction Market.’
Prediction markets like Kalshi, once known for offering wagers on elections, are now in the multibillion-dollar sports betting business and outside the reach of state regulations and taxes.
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White House Urges ‘Pro-Innovation Mindset’ to Crypto In New Report
In a 168-page report, the White House called on banking regulators, tax officials and U.S. lawmakers to implement policies that would advance the crypto industry’s agenda.
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Here’s How Congress Is Wading Into Crypto Regulation
The House this week took up a trio of bills that would establish a federal framework for regulating the cryptocurrency industry. One of the measures is about to clear Congress and become law.
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Congress Was Supposed to Vote on 3 Crypto Bills This Week
The crypto industry was headed for a landmark moment in the House with three bills that it helped push going to a vote. But a coalition of ultraconservative House Republicans staged a mutiny.
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Federal Prosecutors Close Inquiry Into Polymarket Betting Website
The site became prominent last year when people bet on the outcome of the 2024 presidential election.
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Bitcoin Price Soars Past $120,000 at Outset of House’s ‘Crypto Week’
The cryptocurrency has extended its rally as lawmakers consider legislation that would bring digital tokens further into the mainstream.
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Kalshi, an Online Prediction Market, Will Open Up to Brokerages
The platform, which recently hired Donald Trump Jr. as an adviser, is seeking to tap Wall Street to expand its potential customer base.
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Should Betting on Elections Be Legal?
Election wagers have long been banned in the United States. But for a brief period on Thursday, a regulated prediction market was permitted to offer them to Americans.