Connecticut's new lawsuit against Kalshi piles on to prediction market legal fight

The courtroom combat across state and federal courts is so far producing roughly split outcomes, suggesting a big job may be coming for the Supreme Court.

Connecticut’s lawsuit seeking to halt Kalshi betting is just the latest of many, leaving the courts awash with cases.
Judges’ decisions and rhetoric have been widely mixed, underlining the contention of legal experts that the U.S. Supreme Court could eventually have to weigh in.

1 Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions 7 hours ago
2 Crypto job postings triple to over 1,200 in September, but applications fall 7 hours ago
3 Cathie Wood says smart investors need to start watching where AI agents spend money 8 hours ago
4 Crypto's Sisyphean struggle 10 hours ago
5 BlackRock offers a glimpse of how tokenization may change your investment portfolio 10 hours ago
6 Bank group sues U.S. regulator over granting crypto trust charters 1 day ago
7 BNY in talks with Kraken parent Payward over infrastructure partnership 1 day ago
8 Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98% 1 day ago
9 Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown 1 day ago
10 America at a crossroads: Commissioner Peirce’s parting challenge 1 day ago

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Why it matters :

As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.

Original sourceCoinDesk

The original source remains the canonical version for attribution, rights, and later updates.

Disclaimer: This article is for information only and does not constitute investment advice. Digital assets involve substantial risk.