Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.
- A busy week for prediction markets saw Kalshi forced to cut off its Washington state customers while making a larger case for the industry alongside other firms at a government-hosted event in Washington.
- The Commodity Futures Trading Commission, which has emerged as the industry’s most loyal ally, held a sometimes-contentious innovation meeting at which the rise of prediction markets was among the main topics.
- And ongoing legal clashes between the industry and state regulators saw some court action in matters involving Connecticut and New York.
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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.
Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown
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