Monday, November 18, 2024

Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing

The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.

source https://www.coindesk.com/policy/2024/11/18/only-congress-can-ban-election-betting-kalshi-tells-appeals-court-in-new-filing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Morocco Drafts Regulations for Crypto, Central Bank Governor Says

The North African country of Morocco has drafted regulations for the crypto sector, its central bank's head said Tuesday. Abdellatif Jo...