Our detailed market analysis is being prepared and will be published here soon — stay tuned for insights and trends.
The Crypto Council for Innovation (CCI) and Blockchain Association (BA) filed a lawsuit against Illinois officials regarding the state’s 0.2% tax on cryptocurrency, expected to be enforced starting in January 2027.In a lawsuit filed Friday in the Circuit Court of the Seventh Judicial Circuit for San…
[Update 11:45 UTC, July 31: Adds Kalshi’s response in the sixth and seventh paragraphs.]New York has sued prediction market platform Kalshi, alleging it operates an illegal, unlicensed gambling business by offering event contracts on sports, elections and other outcomes.The lawsuit seeks to stop Kal…
The largest prediction market, Kalshi, has been sued by New York state for allegedly running illegal gambling operations in the state. The state is demanding at least $36 billion in damages over alleged illegal gambling.The lawsuit comes days after Kalshi failed to block the state’s gambling rules, …
New York Attorney General Letitia James urged Congress to strengthen oversight of cryptocurrency companies, warning that proposed federal legislation could limit states’ ability to investigate scams and hold platforms accountable. In written testimony submitted Monday to the Senate Permanent Subcomm…