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Senate Unanimously Bans Congress From Prediction Market Trading

The Senate unanimously banned senators and staff from trading on prediction markets, effective immediately. The move was fueled by concerns about insider-trading-like advantages from sensitive information. Prediction markets like Kalshi and Polymarket were at the center of the debate because they let users bet on future events. The Senate unanimously...

SBI Targets Bitbank Acquisition as Japan’s Crypto Consolidation Race Accelerates

SBI’s Bitbank move signals early positioning for stricter regulation and growing consolidation in Japan’s crypto market. Japan’s crypto industry is entering a new consolidation phase as major financial groups move quickly to expand their footprint. Regulatory shifts are also pushing firms to secure scale ahead of tighter oversight. Against this...

Gemini Wins CFTC License to Expand Futures and Options Trading

Gemini wins CFTC clearing license, enabling futures, options, and prediction markets while boosting its regulated crypto expansion plans. Gemini has secured a major U.S. regulatory approval. The Commodity Futures Trading Commission (CFTC) granted the cryptocurrency exchange a Derivatives Clearing Organization (DCO) license. The license will let Gemini clear regulated derivatives....