Why State Regulation Breaks the Prediction Market Exchange Model
[ad_1] Key Takeaways ▸ Core features like shared liquidity, market makers, and order books are restricted or outright prohibited under state gambling regulations. ▸ GGR-based taxes and fragmented licensing create costs that exceed exchange-level margins. ▸ Operators are moving toward CFTC-regulated models where exchange infrastructure can actually function, out of necessity. The courts are split […]
CTFC Hits KuCoin With $500,000 Penalty, Bans Exchange From Allowing US Users To Trade on Platform
[ad_1] The Commodity Futures Trading Commission (CFTC) has levied a $500,000 penalty and restrictions against crypto exchange KuCoin’s operator, barring it from allowing US users to trade on its platform without proper registration. The CFTC says a federal court in the Southern District of New York entered a consent order against Peken Global Limited, the […]
South Korean Crypto Exchange Giant Bithumb Fined $24,800,000 Over Alleged Customer Verification Failures
[ad_1] South Korean financial regulators reportedly slapped the crypto exchange Bithumb with a 37 billion won ($24.8 million) fine over alleged customer verification lapses. South Korea’s Financial Intelligence Unit (FIU) accused the exchange of failing to verify the identity of its customers in 6.59 million different instances, as well as facilitating around 45,000 transactions with […]
Smarkets Latest Sports Betting Exchange to Seek CFTC Approval for Prediction Markets
[ad_1] U.K.-based Smarkets has applied to become a federally regulated prediction market exchange in the U.S. London-based betting exchange operator Smarkets has taken a formal step toward launching a federally regulated prediction market platform in the United States. A new filing posted to the Commodity Futures Trading Commission’s industry portal on March 4 shows Smarkets […]
US Judge Swats Down Amended Class-Action Lawsuit Against Decentralized Crypto Exchange Uniswap
[ad_1] A federal judge has dismissed with prejudice an amended class-action lawsuit against Decentralized Crypto Exchange Uniswap, marking another legal win for the protocol and its developers. Uniswap’s head of policy and associate general counsel Brian Nistler says Judge Katherine Polk Failla threw out the Risley class action against Uniswap Labs and founder Hayden Adams after […]
Crypto Exchange Coinbase Adds ‘Neobank’ Digital Asset Project to Listing Roadmap
[ad_1] Coinbase has added the upcoming governance and utility token of a ‘neobank’ blockchain project to its listing roadmap, putting the soon-to-be-launched asset on the potential path to trading. The largest crypto exchange by trading volume in the United States says it could soon support Superform (UP), a “user-owned neobank, enabling single-signature execution of arbitrary […]
Missing emails? Exchange Online is tagging legitimate messages as spam – here’s what to do
[ad_1] jaminwell/iStock/Getty Images Plus via Getty Images Follow ZDNET: Add us as a preferred source on Google. ZDNET’s key takeaways Legitimate emails in Exchange Online are being tagged as spam. A new URL rule is quarantining emails as phishing attempts. Microsoft has made some progress resolving the problem. Those of you who use Microsoft’s Exchange […]
Decentralized Exchange Hyperliquid (HYPE) Defies Crypto Downturn, Skyrockets 40% in One Week
[ad_1] While the vast majority of the crypto sector plunged in value over the weekend, one top-20 altcoin resisted the bleeding and witnessed massive gains. HYPE, the native asset of the decentralized exchange (DEX) Hyperliquid, has skyrocketed by more than 40% in the past seven days. The overall crypto market cap, by comparison, dropped nearly […]
LMAX Group Adds Ripple’s RLUSD Stablecoin For Global Exchange After $150 Million Deal
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure financial technology company, LMAX Group, announced a significant partnership with blockchain payment leader Ripple on Thursday, backed by a $150 million investment from the crypto firm, aimed at incorporating its RLUSD stablecoin into LMAX’s payment infrastructure. New Trading Solutions With Ripple’s […]
Ethereum Exchange Outflows Signal Supply Is Stepping Back
[ad_1] Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is struggling to push above critical supply levels after a brief surge above $3,300, as the market attempts to stabilize following weeks of sustained selling pressure. While the rebound has sparked renewed optimism, price action remains fragile, with bulls still […]