Draftkings Taps CFTC Framework to Launch Predictions Marketplace App
On Friday, Draftkings launched a standalone predictions app regulated under federal commodities law, formally entering the growing U.S. prediction markets sector and expanding beyond traditional sports betting into event-based contract trading. Draftkings Brings Event...
Ripple Deepens Prime Brokerage Stack as Institutional Demand Pushes Execution and Clearing Capacity Higher
Ripple strengthened its institutional crypto footprint by expanding a strategic partnership that boosts execution, clearing, and balance-sheet support, signaling accelerating demand from sophisticated firms for scalable digital-asset market infrastructure. Ripple...
TikTok Becomes American and Bitcoin and Stocks Are Loving It
The cryptocurrency had recently stalled, but news of a TikTok U.S. joint venture buoyed equity markets and perhaps boosted bitcoin as well. Bitcoin and Stocks Surge with TikTok’s U.S. Pivot More than two billion users have now downloaded what was once an obscure...
Who regulates prediction markets? Coinbase forces a US legal test
Coinbase argues the Commodity Exchange Act gives the CFTC exclusive authority over event contracts. Earlier cases involving Kalshi show courts have yet to settle the issue decisively. The rulings could shape how prediction markets and related financial products...Interesting 13
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