CFTC seeks to define event contracts as swaps amid prediction market fight
The classification could assist the CFTC’s claim that it has exclusive federal jurisdiction over event contracts offered on regulated prediction markets.…
U.S. CFTC seeks event contract definitions that may defy states' gambling claims
As it battles with states over prediction markets, the CFTC sent two related rules on swaps definitions for White House review. Source:CoinDesk
Kalshi says CFTC hasn’t contacted it over ‘unusual’ $5B trading activity
Kalshi said nearly $5 billion in similarly sized Ether perpetual trades reflected its liquidity incentive programs and rejected allegations that the activity…
Kalshi says it is not being investigated by the CFTC over trading activity
The prediction market says unusual patterns in its ether perpetual market are the result of liquidity incentives. Source:CoinDesk
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling. Source:Cointelegraph
New York sues Kalshi over alleged illegal gambling operation
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.…
Gemini sent $10M in Bitcoin to Trump PAC after joint motion with CFTC
The Bitcoin donation can be used to support Donald Trump as a New York court considers whether to reverse a $5 million settlement between the CFTC and Gemini.…
Ethics in crypto market structure ‘really not our concern,’ says Blockchain Association CEO
A former CFTC commissioner urged lawmakers not to “kill all the hard work that we put in the rest of the bill” by making ethics a makeorbreak issue on crypto…
SEC, CFTC Seek Public Comment to Further Clarify and Harmonize Derivatives Product Definitions
The Securities and Exchange Commission and the Commodity Futures Trading Commission today issued a joint request for public comment on potential opportunities…