Pentagon bans US forces from using military info to bet in prediction markets
Hegseth warned that prediction market wagers could expose military operations to adversaries. Source：Cointelegraph
Young investors are betting on prediction markets and crypto. But this bestselling author says the boring money moves still work.
Beth Kobliner, author of “Get a Financial Life,” explains why today’s young people face a tougher financial world and reveals the three money moves she would…
Everyone wants SCOTUS to take up prediction markets: State of Crypto
The U.S. Supreme Court hasn't yet indicated whether it will take up cases surrounding prediction markets, but there are now several amicus briefs, an interim…
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
ESMA warns growing crypto ties could amplify risks to traditional finance
The EU securities regulator flagged tokenized equities, DeFi exploits and prediction markets as areas where growing crypto ties could pose risks to the broader…
New Jersey becomes first state to ask Supreme Court to weigh in on prediction markets
After multiple appeals courts ruled differently about whether states can crack down on prediction markets' sports products, New Jersey asked SCOTUS to step in.…
World Cup bets smash records as prediction markets hit $20 billion in volume
Markets ranged from the simple question of who would win the tournament to whether Cristiano Ronaldo would cry when Portugal were eliminated (he did).…
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.…
Base’s social bet left it trailing in prediction markets and perps: Pollak
Base creator Jesse Pollak is stepping back from leadership of the Base App after admitting he was “definitively wrong” to bet on social experiences driving…
Kalshi hits record June trading volume as World Cup fuels prediction markets
DefiLlama data shows Kalshi posted a record month for trading volume as the expanded FIFA World Cup boosted prediction market activity. Source：Cointelegraph