The Republican chair and Democratic rating member of the US Home of Representatives Committee on Agriculture have referred to as on President Donald Trump to completely workers the management at a key monetary regulator, citing the potential influence of a crypto market construction invoice. In a Friday letter to Trump, Home Agriculture Committee Chair Glenn…
The US Commodity Futures Buying and selling Fee has backed Kalshi within the firm’s authorized struggle in opposition to the state of Ohio, asking an appeals court docket to affirm that the regulator has jurisdiction over prediction markets. The CFTC filed an amicus temporary within the Sixth Circuit Court docket of Appeals on Tuesday, accusing…
A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket. The venture capital heavyweight submitted the letter on Thursday in response to the CFTC’s advance notice of proposed rulemaking on prediction markets….
