The US government agency that watches over trading is quietly getting a tech upgrade. With fewer people on staff, it’s turning to artificial intelligence to check applications for crypto businesses faster. Instead of reading every document by hand, the agency is training its team on AI tools to spot
The Commodity Futures Trading Commission (CFTC) is making a bold move to claim full control over prediction markets, a fast-growing sector blending cryptocurrency with event-based betting. Instead of waiting for states to set rules, the agency is suing three states— Arizona, Illinois, and Connecticu
The U. S. Commodity Futures Trading Commission has announced a fresh team aimed at making the crypto world easier to navigate. The task force, named for its focus on innovation, was set up by the commission’s chairman back in March. The group is led by Michael Passalacqua, who currently advises the
The fight over who controls sports betting isn’t just about who gets the tax money. A new legal battle pits federal regulators against Arizona, with big implications for apps that let people bet on anything from games to elections. At the center? A company called Kalshi, which runs prediction market
A battle is heating up between federal regulators and state governments over who controls prediction markets—especially those tied to sports. The Commodity Futures Trading Commission (CFTC) recently sued three states—Arizona, Connecticut, and Illinois—arguing that once these markets operate on feder
The U. S. Commodity Futures Trading Commission has named a former white‑collar defense attorney to head its enforcement arm, an office that has shrunk dramatically in recent years. The new leader, a former partner at a global law firm who specialized in cryptocurrency cases, has also served as a fed
The Senate Agriculture Committee recently pushed ahead with a plan to regulate the crypto market. This move came after a vote that split along party lines. Meanwhile, other important lawmakers are still working on different parts of the same bill. The committee's plan would make the Commodity Futur
The U. S. is stepping up its game in the digital asset world. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are joining forces on Project Crypto. This initiative aims to make sure the U. S. stays ahead in the digital finance race. The goal is to cr
The Senate Agriculture Committee has a new plan to make crypto trading fairer. They want to give the Commodity Futures Trading Commission (CFTC) more power. This power would help them oversee parts of the crypto market. The plan is called the “Digital Commodity Intermediaries Act. ” The plan aims t
In Washington, a group of Democratic senators have put forward new ideas to change how crypto markets are run. They want to make sure that government officials don't make money from the crypto world while they're in office. This is part of a bigger plan to make the rules for digital money clearer an
