Key highlights: New York Attorney General Letitia James filed a lawsuit against prediction market platform Kalshi The AG alleges that the platform has been operating as an unlicensed gambling firm The CFTC argues that Kalshi is a federally governed platform and falls under the agency’s oversight Kalshi has faced another legal challenge as New York […]
Tag: CFTC
Key highlights: The XRP price is testing a major support zone near $1.05 as analysts watch for a possible move toward $0.87. Ripple Mint and RLUSD are expanding Ripple’s institutional payments network. XRP on-chain activity is improving, with active addresses up 22.5% and daily transfers climbing 25%. XRP is now back to a price level […]
By Wayne Jones A group of Senate Democrats who generally support crypto legislation has said the latest draft of the CLARITY Act still falls short, raising objections to its ethics, consumer protection, illicit finance, conflicts of interest, and market integrity provisions. Their statement adds another hurdle for legislation that already needs bipartisan backing to reach […]