This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter.
- A federal appeals court in Nevada issued a major setback to Kalshi's legal campaign to reject the enforcement of state gaming regulators, rejecting its argument that the company's federal regulator should have the only say.
- This is the second major federal court ruling, though, and they've gone in opposite directions, leaving a legal rift in the matter.
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The Definitive Stablecoin Landscape Series: Asia Pacific
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.
Bank group sues U.S. regulator over granting crypto trust charters
SEC proposes new crypto custody rules for investment advisers and funds
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