Binance.US to attempt prediction markets entry as CFTC-licensed entity, says CEO
The CEO of the US crypto exchange said that the company would apply for a license with the CFTC in August allowing it to offer prediction markets.…
Robinhood slides 4% despite earnings beat as crypto revenue cools
The brokerage reported $100 million revenue from crypto trading, a 38% decline in a year, offset by stronger options, equities and prediction markets activity.…
Kalshi, Polymarket win pause against Minnesota's prediction market ban
A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act. Source:CoinDesk
Fanatics buys regulated exchange in bid to grow prediction markets business
The deal gives Fanatics control of its own prediction market infrastructure as eventbased trading gains traction across sports, finance and crypto.…
CFTC issues second warning to prediction markets on cookie-cutter self-certifications
For the second time this year, the regulator told prediction markets to stop issuing overly broad, templatestyle certifications of events contracts.…
U.S. regulator warns prediction markets against cutting corners in event contracts
The Commodity Futures Trading Commission again issued an advisory that signals firms have been straying into cookiecutter selfcertification. Source:CoinDesk
Robinhood in talks with Crypto.com over prediction markets: WSJ
While prediction market companies in the US continue to face legal battles between state and federal authorities, Robinhood is reportedly considering expanding…
Kalshi rolls out Midterm Hubs ahead of the November elections in the U.S.
The prediction markets platform seeks to position itself as the primary source for election odds ahead of the midterm elections this year. Source:CoinDesk
Talos brings institutional trading tools to Kalshi prediction markets
The integration provides institutional clients with access to Kalshi’s event contracts and crypto perpetuals via Talos’ existing trading infrastructure.…
CLARITY Act could help CFTC deal with prediction markets: Lawyer
According to one lawyer testifying before a House subcommittee hearing, the CLARITY Act could grant the CFTC the authority it needs to address the “explosive…
Bernstein raises Robinhood price target, cites tokenization and prediction markets
The brokerage’s blockchain strategy, including tokenized equities and its Arbitrumbased Robinhood Chain, could reduce its reliance on traditional crypto…
Hyperliquid sets 500,000 HYPE stake for permissionless prediction market deployers
Hyperliquid plans to require developers to stake 500,000 HYPE, worth about $30.4 million, to deploy permissionless prediction markets under HIP4.…