States | Coin14

U.S. CFTC adds New York to string of states its suing to stop prediction market pushback

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction… Read More

Washington sues Kalshi as states ramp up legal pressure against prediction markets

2 months ago by Crypto InsightsCrypto

The state of Washington has become the latest to sue a prediction markets provider, after alleging Friday that Kalshi had violated state gambling laws through its products. According to the complaint, Washington has a tightly-regulated gambling market, including a ban on online gambling, but Kalshi’s… Read More

Texas Buys $5M in BTC ETF as States Edge Toward First Government Crypto Reserves

6 months ago by Crypto InsightsCrypto

The effort is starting small, but Texas made an opening foray into a state-based crypto reserve — getting closer to the first government stockpile in the U.S.