The Latest Breaking News from CFTC

Why the Democrats’ outperformance and crypto turbulence may empower regulators.

Benzinga cordially invites Senator Kirsten Gillibrand to attend Benzinga's next event, The Future of Crypto summit, on December 7-8, 2022, at NYC's Pier Sixty. No RSVP is required. Just show up, and we'll cover your stay, too!

Recently, the Commodity Futures Trading Commission, or CFTC, withdrew its no-action letter from Victoria University of Wellington, which since 2014 has been allowed to operate the political prediction market PredictIt.

Kalshi LLC wants to take wagers on House and Senate control the way it does on flight delays at Chicago's O'Hare Airport.

WASHINGTON — American political junkies may get to bet tens of thousands of dollars legally on the outcome of November’s U.S. congressional elections.

In May, an eccentric 30-year-old cryptocurrency billionaire named Sam Bankman-Fried made a startling proclamation. In a podcast interview, Bankman-Fried said he would spend as much as $1 billion of his estimated $12.8-billion fortune on American politics by the 2024 election, joining the ranks of megadonors such as George Soros and…

WASHINGTON — Spending by the cryptocurrency lobby hit a record high last quarter, as members of Congress from both parties and chambers proved willing to engage with the industry’s top priorities.

The cryptocurrency industry set a new spending record on lobbying in the latest quarter as it becomes a bigger issue in Washington.

A bipartisan group of senators has proposed a bill to regulate cryptocurrencies