The CFTC argued in a lawsuit that the Commodity Exchange Act gave it exclusive jurisdiction over all swaps, which include prediction markets.
The CFTC argued in a lawsuit that the Commodity Exchange Act gave it "exclusive jurisdiction" over all swaps, which include prediction markets.
Same desk, different stories
Bitcoin is under pressure, and the macro forces closing in aren’t easing. BTC USD price just fell to the $66,000 zone, down -3.5% in the last 24 hours, with bears eyeing a drop toward the $64,000 critical level if…
A recent paper by the Bitcoin Policy Institute on Taiwan opens with a familiar argument that the country's reserves are overconcentrated in dollars. Gold underperforms its potential, and Bitcoin could complement both.…
Circle announced cirBTC, a new wrapped bitcoin token backed 1:1 by native BTC, designed to give institutional users verifiable, onchain exposure to bitcoin across decentralized finance ( DeFi) and traditional finance…
Traders holding Bitcoin (BTC) for a short time are selling it at a loss at an increasing rate as the 7-day moving average (7DMA) of Net Realized Profit/Loss has dropped to -$410 million, which is 60% worse than last…
The new group will steward an open standard for embedding payments into web interactions.
The lawsuits, jointly filed by the Justice Department and the CFTC, mark the most forceful move yet by the Trump administration to free prediction markets from state gambling regulations.