Tag: US

South Korea’s Crypto Trading Slumps as Retail Investors Return to Stocks

Key highlights: South Korea’s crypto exchanges have recorded a massive exit of retail investors to the equities market. KOSPI’s strong returns have attracted a wave of retail investors from cryptocurrency markets. Institutional investors are inching forward, buoyed by a clear legal framework for digital assets in the country. Trading activity on South Korea’s largest cryptocurrency […]

Prediction Market Scrutiny Intensifies as Washington Court Blocks Kalshi’s Sports Contracts

Key highlights: Prediction market platform Kalshi faces preliminary injunction in Washington The judge rules that the platform offers illegal gambling services in the state The news highlights the growing battle between the US states and prediction markets Prediction markets continue to face increased scrutiny from US state authorities. In the latest legal setback, prediction market […]