Tennessee Judge Blocks State Enforcement Against Kalshi
A federal judge granted Kalshi a preliminary injunction preventing Tennessee from enforcing state betting laws against its event contracts during ongoing litigation.
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Massachusetts Judge Bars Kalshi from Offering Sports Bets
A Massachusetts court granted a preliminary injunction blocking prediction-market operator Kalshi from offering sports bets to state residents without a gaming license.
Senate Panel Delays Crypto Market Structure Bill Markup
The US Senate Agriculture Committee delayed markup of a major crypto market structure bill, citing the need for additional bipartisan support.
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DraftKings Launches Predictions App under CFTC Oversight
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Kalshi Wins Temporary Pause on Connecticut Enforcement
A federal judge granted Kalshi temporary relief from Connecticut regulators, halting enforcement actions as the company challenges state claims that its markets constitute illegal gambling.
Polymarket Plans In-House Trading Desk That Will Take Opposite Side of User Trades
Polymarket is preparing an internal market-making desk that would trade against its users as the platform relaunches in the US.
Bitnomial Prepares Rollout of First CFTC-Regulated Spot Crypto Market
Bitnomial is set to introduce the first CFTC-regulated spot crypto market in the United States after its self-certified rules took effect.