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News
44 State AGs Tell CFTC It Lacks Authority Over Sports Prediction Markets
1+ hour, 21+ min ago (522+ words) The letter landed on the final night of the CFTC's comment window, escalating a coalition that has grown to 44 states and laying the groundwork for litigation once the rule is finalized. Forty-four state attorneys general have told the CFTC it…...
Ripple Judge Delivers Major Blow to Prediction Market Kalshi in NY Gambling Showdown
3+ week, 4+ hour ago (580+ words) Judge Torres ruled that federal commodities law does not override New York's gambling laws, rejecting Kalshi's bid for an injunction and allowing the state's enforcement action to proceed. Kalshi, a US-regulated prediction market, has suffered a major legal defeat in…...
Arizona Advances Bitcoin, XRP Reserve Bill After 4–2 Committee Vote
5+ mon, 1+ week ago (422+ words) A Senate Finance Committee “do pass” vote sends SB1649 to the Rules Committee, backing a state-run digital asset reserve. Arizona’s Senate Finance Committee approved Senate Bill 1649 (SB1649) on February 16, 2026, in a 4-2 vote, with one member present but not voting. As described in…...
Wisconsin Introduces Bill Requiring Full KYC for Bitcoin ATM Use
11+ mon, 2+ week ago (214+ words) Wisconsin’s SB386 requires full KYC and ID for Bitcoin ATM transactions, limits each to $1,000 to fight fraud and money laundering. On Tuesday, August 12, the lawmakers of Wisconsin introduced Senate Bill 386 (SB386) to require full Know Your Customer (KYC) checks on all transactions…...