CFTC Chair Mike Selig argues for agency’s ‘exclusive regulatory authority’ in prediction markets fight: State of Crypto
Selig said states do not have the ability to police prediction market providers, echoing his agency’s stance as it pursues court cases to cement its authority. Apr 12, 2026, 6:00 p.m. Make preferred on Commodity Futures Trading Commission Chairman Mike Selig told CoinDesk that the agency will continue to defend its “exclusive regulatory authority” to
Bitcoin and other cryptos fall as U.S., Iranian negotiators fail to reach war resolution
Bitcoin and other cryptos fall as U.S., Iranian negotiators fail to reach war resolution U.S. Vice President J.D. Vance said negotiations had ended after a daylong session in Pakistan, sending crypto prices down between 1.5% and 2%. Updated Apr 12, 2026, 2:46 a.m. Published Apr 12, 2026, 2:05 a.m. Make preferred on Bitcoin BTC $70,797.84
Appeals court blocks New Jersey from shutting down Kalshi’s sports markets
The Third Circuit Court of Appeals ruled that New Jersey could not bring an enforcement action against Kalshi, finding that the federal Commodity Exchange Act preempted state gambling laws. Apr 6, 2026, 4:10 p.m. Make preferred on An appeals court ruled Monday that New Jersey could not temporarily ban prediction market provider Kalshi, giving the
Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week
Crypto and banking industry representatives are viewing revised stablecoin yield compromise language this week. Apr 2, 2026, 10:12 p.m. Make preferred on Representatives of the crypto and banking industries are meeting with legislative staffers on Thursday and Friday to review revised compromise language on stablecoin yield provisions in the market structure bill, three people familiar
CFTC sues Illinois, Arizona, Connecticut over states’ sports prediction market efforts
The CFTC argued in a lawsuit that the Commodity Exchange Act gave it “exclusive jurisdiction” over all swaps, which include prediction markets. Updated Apr 2, 2026, 10:33 p.m. Published Apr 2, 2026, 4:24 p.m. Make preferred on The U.S. Commodity Futures Trading Commission and Department of Justice filed lawsuit against Illinois, Arizona, Connecticut and various
No one is 100% happy with the stablecoin yield agreement: State of Crypto
The crypto and banking industries saw Senators Alsobrooks and Tillis’ agreement-in-principle for stablecoin yield. Mar 29, 2026, 6:00 p.m. Make preferred on Industry representatives saw the crypto market structure bill’s proposed yield language on March 23 and 24. The internet — at least X (formerly Twitter) — was unhappy, but it may not matter much.
Washington sues Kalshi as states ramp up legal pressure against prediction markets
The Washington state attorney general alleged Kalshi offers “gambling products” products dressed up as prediction markets in a lawsuit Friday. Updated Mar 28, 2026, 9:18 p.m. Published Mar 28, 2026, 5:43 p.m. Make preferred on The state of Washington has become the latest to sue a prediction markets provider, after alleging Friday that Kalshi had
Appeals court clears way for Nevada to temporarily ban prediction market Kalshi
The Ninth Circuit Court of Appeals denied a legal effort by Kalshi to stave off an expected temporary restraining order from the state of Nevada. Mar 19, 2026, 8:12 p.m. Prediction market provider Kalshi may be hit with a temporary restraining order from the state of Nevada after a federal appeals court declined to block
State of Crypto: Wrapping Up the Month
Congress continues to make progress on crypto issues but things are moving slowly. Updated Dec 6, 2025, 10:56 p.m. Published Dec 6, 2025, 10:56 p.m. Congressional panels have advanced nominations for regulators who will deal with crypto, but the full Senate hasn’t confirmed them yet. We’re also running out of time for market structure. PS: I’ll be
State of Crypto: Kalshi and Prediction Markets Face a Setback
The court cases will continue for the moment. Nov 29, 2025, 3:00 p.m. Prediction market Kalshi lost a court case earlier this week when a federal judge ruled that Nevada state regulators and laws had jurisdiction over some of its sports-based events contracts. The case is going to go before an appeals court but if this