Kalshi’s New Political Prediction Markets Halted as CFTC Appeals Loss

“Appellee KalshiEx LLC (‘LLC’), knowing that this Court’s review was imminent, has raced to launch its election gambling contracts on the same day the District Court issued a memorandum opinion, before Appellant the Commodity Futures Trading Commission (‘Commission’ or ‘CFTC’) has had the opportunity to file this motion for stay pending appeal about the serious legal issues and public interests at stake,” the CFTC said in its filing. Source

Sky, Formerly MakerDAO, Will Vote on Fully Ditching Wrapped Bitcoin (WBTC) Over Justin Sun Concerns

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EToro Settles With the SEC: Industry Lawyers React

Etoro, which is based in Israel, is not a big player in the U.S. crypto market. It has only 240,000 customer accounts compared to Coinbase’s 100 million. But the SEC agreement is significant for the clues it offers about how the regulator views the key legal question of which digital assets are not securities, and therefore outside its supervision, lawyers contacted by CoinDesk said. Source