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U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court

A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company's efforts to launch political prediction markets in the U.S., without indicating whether they'd allow…

German Government Shuts Down 47 Exchanges, Says They're Tied To ‘Illegal Activity’

The German Attorney General's Office Frankfurt am Main (Generalstaatsanwaltschaft) and the country’s Federal Criminal Police Office (BKA) have shut down 47 crypto exchanges allegedly tied to criminal activities including money laundering.