38 Attorneys General Back Massachusetts Lawsuit Against Kalshi Over Prediction Markets

State gambling enforcement against Kalshi is being challenged as 38 attorneys general back Massachusetts’ lawsuit. The case could shape whether states can enforce gambling licensing rules against event contracts. Key Takeaways: Coalition of 38 attorneys general supports Massachusetts lawsuit alleging Kalshi enables unlicensed sports betting activity. CFTC filing adds to [...]

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‘We Will See You in Court’: CFTC Defends Jurisdiction in Massachusetts Kalshi Case

CFTC escalates prediction market fight as state challenges intensify across the U.S. The Kalshi case in Massachusetts heightens tensions, with regulators warning states they will see them in court. Key Takeaways: CFTC filing asserts exclusive authority over prediction markets, signaling federal dominance over state challenges ahead. Massachusetts case involving KalshiEx [...]

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Ripple Says Multi-Asset Stablecoin Rails Are Becoming Critical for Global Payments

Stablecoin payments are moving rapidly into multi-asset infrastructure as volumes climb across global markets. Ripple says institutions that chose infrastructure already operating across assets, rails, and markets are better positioned as adoption consolidates. Key Takeaways: Ripple says institutions are adopting multi- stablecoin strategies as cross-border settlement demands keep expanding globally. [...]

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