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Senators Probe SEC After Enforcement Chief's Resignation

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Two Democratic senators are pressing the Securities and Exchange Commission for answers over the March resignation of enforcement chief Margaret Ryan after Reuters reported she clashed with agency leadership over cases…

NFL Urges Prediction Markets to Remove Manipulable Bets

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CFTC Chair Michael Selig signaled that the agency would defer to the football league in calling for changes to event contracts that could be manipulated by a single person. The National Football League (NFL) has…

Most U.S. Crypto Users Misunderstand Taxable Events

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The majority of crypto customers still don’t understand how crypto is taxed, mistakenly believing simple transfers trigger tax events. Well intended crypto-tax confusion Although most crypto investors intend to comply…

Prediction Market Activity Soars in March

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Prediction market transactions have hit record highs in March, amid growing interest in political and geopolitical event contracts, improved accessibility and positive regulatory developments for the industry. According…

World Foundation Sells $65M WLD Amid Token Lows

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Sam Altman’s World Foundation has raised $65 million through an over-the-counter (OTC) sale of its WLD token, which has hit new record lows. In a Saturday post on X, the foundation said its token issuance arm, World…

Why Failing the CLARITY Act Risks Future Crypto Crackdowns

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Failing to pass the crypto market structure bill known as the CLARITY Act could leave the door open for a less industry-friendly future US government to crack down on crypto, according to Coin Center executive director…

Washington Sues Kalshi for Alleged Illegal Gambling

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Kalshi is facing another state-level lawsuit after the state of Washington on Friday filed allegations that the prediction market operator violated state gambling laws with its products. The Washington Attorney…

Deeper Bitcoin Selloff Would Extend Recovery Into 2027

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Bitcoin (BTC) has shed all its March gains, currently down 1.40% on the monthly chart and 24.6% for the first quarter of 2026. Bitcoin’s longer-term performance aligns with a deep drawdown cycle for BTC, which may…

Detroit to Back State in Coinbase Prediction Markets Case

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Lawyers representing the US city of Detroit plan to file an amicus brief in Coinbase's lawsuit against Michigan, which argues that federal regulators should have authority in overseeing prediction markets and not…

Judge Blocks Pentagon's Anthropic Risk Label

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A US federal judge in San Francisco has granted Anthropic’s request for temporary reprieve after the Pentagon’s designation of the company as a supply chain risk. In an order on Thursday, Judge Rita Lin of the District…