Memes

North Carolina Bill Recognizes CFTC's ‘Federal Regulatory Authority’ Over Prediction Markets

Decrypt2h agoUpdated 1h ago
North Carolina Bill Recognizes CFTC's ‘Federal Regulatory Authority’ Over Prediction Markets
Smart Read

The state's budget law leaves oversight of Kalshi and Polymarket to the CFTC and taxes them at 6%, far below what other states are pursuing....

Coins in this story

ETH
₹1,793.82
+3.07%
XRP
₹1.11
+1.39%
BNB
₹573.83
+0.85%

Related stories

Jailed Fraudster Charged With Moving $290K in Forfeited Crypto From Prison
Decrypt1h ago60-word brief

Jailed Fraudster Charged With Moving $290K in Forfeited Crypto From Prison

A jailed fraudster has been charged with moving $290,000 in forfeited cryptocurrency from prison, highlighting security vulnerabilities in asset management systems. The case raises concerns about custody controls and operational oversight in high-profile criminal cases. For Indian crypto investors, this underscores risks associated with centralized asset storage and enforcement reliability during legal disputes or regulatory actions.

JPMorgan’s $4.7T private blockchain warning just gave Bitcoin bulls fresh ammunition
CryptoSlate2h ago60-word brief

JPMorgan’s $4.7T private blockchain warning just gave Bitcoin bulls fresh ammunition

JPMorgan warns Wall Street's shift to private blockchains could drain liquidity from crypto markets, but the move may paradoxically strengthen Bitcoin's case as an outside ledger beyond institutional control. Swift and DTCC are testing tokenized systems that keep massive settlement volumes off public chains. Bitcoin's scarcity and censorship resistance position it as the neutral asset outside the walled garden system banks are building.

Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch
CoinDesk6h ago60-word brief

Bitcoin gets a green light from a reliable momentum gauge. Here are key levels to watch

A smoother long-term MACD just flipped bullish, pointing to more upside. Here are key levels that will decide if the ongoing bounce turns into a full blown uptrend....

KryptoKite aggregates and summarises third-party crypto news. This is informational content, not investment advice. KryptoKite does not recommend buying or selling any asset.