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The Latest Breaking News from The Commodity Futures Trading Commission

‘Betting’ site Kalshi, which predicted both Trump and Mamdani’s wins, parlays $2 billion valuation

New York mayoral candidate Zohran Mamdani beat Andrew Cuomo for the Democratic nomination in a huge upset

The Independent UK

'Crypto Dad' Chris Giancarlo Advocates For Passing Crypto Regulation From The SEC To Another Commission — Here's Why

Former CFTC Chairman Chris Giancarlo has expressed strong support for the Commodity Futures Trading Commission (CFTC) taking on a larger role in regulating cryptocurrencies like

Benzinga

‘That’s a good thing for democracy’: Is gambling making politics fun?

Is election betting good fun, civic engagement, or a threat to democracy itself? asks Josh Marcus

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Polymarket likely to remain offshore for now despite ruling in favor of U.S. election betting

The predictions market Kalshi successfully sued the Commodity Futures Trading Commission, which might appeal the ruling.

Fortune

Coinbase Alerts Customers About CFTC Subpoena Regarding Bybit Transactions

The platform warned customers that it may respond to the regulator's subpoena unless it is reversed by a court by Thursday.

International Business Times

Binance CEO Steps Down Amid AML Breaches, Investor Eyes Compliant Alternatives

Changpeng Zhao's resignation and $50 million contribution follow regulatory settlement, Kevin O'Leary recommends M2 Exchange

Zenger

World’s largest crypto exchange pays $4.3bn to settle federal cases as CEO resigns

Binance crypto exhange was facing scrutiny from federal regulators including the Commodity Futures Trading Commission and the Departments of Justice and Treasury

The Independent UK

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Former Crypto Billionaire Sam Bankman-Fried’s Trial Begins, Shaping Crypto Regulation

FTX founder faces charges of multi-billion dollar fraud, trial outcome to impact industry and legislation.

Zenger

Victoria University politics betting site gets temporary reprieve

A decision on the future of Victoria University’s political betting site PredictIt remains in the balance as the Fifth Circuit court agrees to allow it to keep trading for a bit longer.

Newsroom.co.nz

What Binance's US lawsuit says about the future for cryptocurrency regulation

The world’s largest cryptocurrency exchange, Binance, has been hit with a lawsuit by US regulator the Commodity Futures Trading Commission (CFTC). This is not the first time a cryptocurrency exchange has been charged by a regulator. But this particular case involves a regulator that does not directly oversee cryptocurrencies. This…

The Conversation

Will the CFTC's suit against Binance help Coinbase?

The Commodity Futures Trading Commission alleges that Binance “has facilitated potentially illegal activities.”

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