Judge halts Tennessee sports betting fight over Kalshi platform
A federal judge granted Kalshi a preliminary injunction, finding its sports event contracts likely qualify as "swaps" under federal law and blocking Tennessee enforcement.
Crypto Market Structure Bill Passes Through Senate Committee
Senate Agriculture Committee advanced a CFTC-centered crypto market bill in a 12-11 party-line vote amid Democratic objections over ethics, consumer protections, and CFTC independence.