Topic
Regulation
House Oversight Memo Floats Prediction Market Ban for Officials
Chairman James Comer released a staff memo from the committee's insider trading probe, recommending Congress consider restrictions on officials' prediction market trading while crediting Polymarket and Kalshi for self-policing.
RegulationHadi Ghadban
Meta Tests Takes Prediction App With Employees Using Cred Points
Meta has started internal testing of Takes, a prediction market app where employees wager cred points instead of real money. Meta gave no launch timetable and has not said whether real-money contracts are possible, as 13 states pursue enforcement against the sector.
RegulationIbrahim Rajab
Israeli Police Arrest Five in $5M WhatsApp Crypto Laundering Probe
Lahav 433 detained five suspects over about $5 million in crypto transactions arranged through a WhatsApp group. Police allege fictitious loan agreements disguised proceeds sent to bank accounts, amid a wider gap in crypto tax reporting in Israel.
RegulationBlockchain Academics Newsroom
Coinbase Backs CFTC in Court Fight Over Stock Perpetuals
Coinbase filed an amicus brief on November 10 backing the CFTC's approval of single-stock perpetual futures. A trade challenger says the contracts are security-based swaps; the SEC has left the classification open, and Arthur Hayes says he is flattered.
RegulationHadi Ghadban
DOJ and CFTC Sue Arkansas to Block State Case Against Kalshi
The Justice Department and CFTC filed a federal suit against Arkansas, seeking to halt its enforcement case against Kalshi and to protect other CFTC-regulated exchanges, their affiliates and partners. Arkansas says the contracts are gambling; no judge has ruled.
RegulationAlejandro Silva Ramírez
Louisiana Sues Kalshi, Robinhood and Other Prediction Markets
Louisiana Attorney General Liz Murrill has sued Kalshi, Robinhood, Polymarket, Coinbase, Gemini and other platforms, seeking a restraining order over event contracts tied to sports, awards and elections. The platforms say federal law gives the CFTC exclusive jurisdiction.
RegulationBlockchain Academics Newsroom
Kalshi Ends Donald Trump Jr. Advisory Contract Over Polymarket Stake
Kalshi has ended its advisory contract with Donald Trump Jr. after his venture firm 1789 Capital increased its stake in rival Polymarket. The company says the split was mutual, as senators and state attorneys general step up scrutiny of prediction markets.
RegulationBlockchain Academics Newsroom
NYDFS Orders Crypto Firms to Set Advertising Policies by May 2027
New York's financial regulator wants BitLicense holders and crypto trust companies to maintain board-approved advertising policies covering risk disclosures, no-fee claims, testimonials and third-party promoters, ready for review by May 12, 2027.
RegulationHadi Ghadban
India ED Searches CoinDCX and Delta Exchange in FEMA Probe
The ED searched three Bengaluru premises linked to CoinDCX and Delta Exchange India on Nov. 4 and 5, alleging rupee deposits were converted to USDT and moved offshore. Both exchanges deny wrongdoing and say operations are normal.
RegulationHadi Ghadban
CFTC Designates tZERO DCM as Contract Market Ahead of SPAC Deal
tZERO now has both a CFTC-designated exchange and a registered clearinghouse. The approval meets the first earn-out milestone in its merger with FG Imperii, but no contracts or trading date have been announced and the deal has yet to close.
RegulationAlejandro Silva Ramírez
South Korea FSC to Let Exchanges Freeze Withdrawals on Hack Fears
South Korea's Financial Services Commission will let crypto exchanges halt deposits and withdrawals on suspicion of hacking, after incidents at GOPAX and Prabang. The FSC also wants 24/7 monitoring, more cold storage and stronger reserves.
RegulationHadi Ghadban
Judge Denies Novig Bid to Block New York Gambling Enforcement
A federal judge denied Novig a preliminary injunction against New York, finding its sports event contracts are not swaps under the Commodity Exchange Act and calling the CFTC's October swap rules inherently contradictory. Novig has appealed to the Second Circuit.
RegulationHadi Ghadban
Nvidia Sheds $430B in Two Days as Senator Urges Huang to Resign
Nvidia fell 5.5% Tuesday after a 4.3% Monday drop, erasing 2026 gains. Sen. Cramer and Larry Kudlow urged Jensen Huang to resign, the board hired Wachtell Lipton, and Rep. Mast set a Wednesday subpoena deadline.
RegulationAlejandro Silva Ramírez
OKXICE Sets Nov. 23 Launch, With 70+ Assets and Issuer Objections Climbing
OKXICE will open its tokenized securities venue on Nov. 23 under the SEC's innovation exemption, with more than 70 expected assets including 59 Direxion ETFs, while the count of companies objecting to third-party tokens of their shares climbs to 62 to 67.
RegulationAlejandro Silva Ramírez
SEC Enforcement Actions Fall 24% to 348, Lowest Since 1991
The SEC filed 348 enforcement actions in fiscal 2026, down about 24% from 456 and the fewest since 1991. Remedies totaled about $1.095 billion, the lowest since 2008, as Chair Paul Atkins defended a focus on fraud.
RegulationBlockchain Academics Newsroom
CFTC Warns Kalshi of Imminent Charges Over Contract Notices
The CFTC has privately warned Kalshi of possible charges over how it notified the agency about new products, Politico reported. A source says dozens of products are involved; Kalshi says a handful, many never live, and that it is already addressing the issue.
RegulationAlejandro Silva Ramírez
Plume Affiliate Kimber Digital Securities Wins SEC, Finra Approval
Kimber Digital Securities, affiliated with Kimber Labs and Plume, registered with the SEC and won Finra membership, becoming a U.S. broker-dealer. Its platform, linking self-custodial wallets to DTC entitlements, targets a first-half 2027 debut, though ATS registration is still pending.
RegulationHadi Ghadban
Shareholder Suit Accuses Nvidia and Huang of Hiding Spy Ties
A shareholder suit filed Monday in federal court in California accuses Nvidia and Jensen Huang of misleading investors about Huang's alleged ties to a Megaspeed executive US officials reportedly view as a Chinese intelligence asset. Nvidia shares closed down 4.27%.
RegulationHadi Ghadban
Trump Says He Knows Nothing About World Liberty UAE Stake
In a 60 Minutes interview published Nov. 8, Trump confirmed he co-owns World Liberty Financial but said he knows nothing about its UAE-linked investors, as Justin Sun seeks sanctions over the company's citizenship filings and Democrats gain subpoena power.
RegulationBlockchain Academics Newsroom
Polish Sejm Votes to Let Minister Freeze Crypto Without Court Order
Poland's lower house approved the Act on Restrictive Measures on Nov. 6, letting the interior minister freeze crypto, bank balances and property by administrative decision. Exchanges would have to block listed customers' assets before judicial review.
RegulationHadi Ghadban
Blumenthal Sets Jan. 4 Deadline for Binance, Tether, Trump Firms
Binance, Tether, World Liberty Financial and Fight Fight Fight LLC have until Jan. 4, 2027 to voluntarily produce records. Blumenthal lacks subpoena power as ranking member, but his office now calls him the incoming PSI chair.
RegulationHadi Ghadban
Paris Court Jails Former Holograph Employee 5 Years Over HLG Theft
A former Holograph Foundation employee got five years, two to be served, over the illegal minting and theft of 1 billion HLG tokens. The court awarded direct damages but refused compensation for the token's price decline, finding it had already fallen before the fraud.
RegulationAlejandro Silva Ramírez
FinCEN Cuts MEXC Off From US Banks Over $16B Illicit Flows
FinCEN has ordered US financial institutions to stop processing transfers to or from MEXC Global, alleging at least $16 billion in illicit transactions tied to Russian sanctions evasion, Iran and North Korea. The order takes effect 30 days after Federal Register publication.
RegulationHadi Ghadban
US Treasury Sanctions 45 More Targets Tied to Prince Group
OFAC sanctioned four individuals and 41 companies tied to Prince Group, including an airline, a Hong Kong lender and a Tokyo mansion transfer. No wallet addresses were listed, but US holders must still block and report covered crypto.
RegulationHadi Ghadban