The Commodity Futures Trading Commission (CFTC) has ordered Kalshi to continue operating its prediction market exchange after New York sought to shut it down, citing a market emergency. The CFTC argued that forced liquidation of certain positions, including a hypothetical bitcoin contract, could cause widespread financial disruption beyond just prediction markets. This move counters New York's gambling law enforcement, which claims Kalshi's contracts are illegal sports wagers. However, a federal judge recently ruled Kalshi's contracts are not swaps under federal law, complicating jurisdiction. The legal battle highlights a split among courts on whether such event contracts fall under federal swap regulations, with implications for state versus federal control over these markets.
Imbal hasil Treasury 10 tahun AS mencapai level tertinggi sejak 2007, memicu kekhawatiran akan kerentanan di sektor perumahan, properti komersial, dan perusahaan dengan utang besar. Para ahli memperingatkan bahwa dampak terburuk akan terasa dalam 12-...
HIVE Digital Technologies, through its subsidiary BUZZ HPC, has formed a strategic partnership with ProCogia, an applied-AI and data engineering company. This collaboration will see ProCogia utilizing BUZZ HPC's Canadian data centers to provide AI so...
Axon Enterprise, a public safety technology company, has priced an offering of $1 billion in 0% convertible senior notes due 2031. The company expects to receive approximately $986 million in net proceeds, which will be used to cover the cost of capp...
Oil prices declined after a report showed an unexpected increase in U.S. crude, gasoline, and distillate inventories last week. This overshadowed concerns about potential supply disruptions following an attack on Saudi Arabia's East-West pipeline by ...
Grab mengakuisisi 60% saham Atome Financial senilai $1,49 miliar secara tunai, dengan rencana untuk membeli sisa 40% dalam waktu sekitar dua tahun. Akuisisi ini bertujuan untuk memperluas layanan keuangan Grab, khususnya di bidang pinjaman konsumen, ...
