By SectorWire desk ·
President Donald Trump urged Congress to pass the stalled Clarity Act. Better Markets policy director Amanda Fischer predicted that the cryptocurrency regulation bill would fail and that states and tribes would prevail in disputes over prediction markets.
Fischer’s forecast highlights contested prediction market authority, predicting states and tribes will prevail in disputes.
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Kalshi’s investigation subjects trades preceding a public appointment to scrutiny over possible advance knowledge.
The administration views casinos as drivers of tourism growth toward its ambition to become the world's most visited destination.
Kalshi’s first permanent exclusion demonstrates its enforcement response to alleged manipulation of political prediction contracts.
Polymarket’s funding adds US$1bn in capital and raises its valuation from US$15bn to US$21bn.
Kalshi identified suspected trading misconduct, imposed a permanent exclusion and referred the matter to federal authorities.
Kalshi imposed a permanent ban and financial penalty over alleged manipulation involving Santos’s trading and public attendance statements.