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PREDICTION MARKET REGULATIONS
New York sues online prediction markets giant KalshiNew York's attorney general has sued betting platform Kalshi for operating an illegal gambling business. The lawsuit seeks to halt Kalshi's...- Coinbase shares take hit on quarterly loss, analysts back diversification strategyCoinbase shares declined in premarket trading after reporting a third consecutive quarterly loss. Bitcoin's value has fallen significantly,...
- Cube Highways Trust InvIT debuts with 2% premium over issue price of Rs 152Cube Highways Trust InvIT listed at a 2% premium on Friday at Rs 155 per unit following strong investor demand for its Rs 5,000-crore publi...
- New York sues Kalshi, says its prediction markets are illegal gamblingNew York's attorney general has sued Kalshi, alleging its prediction market platform operates illegally. The state claims Kalshi lacks a re...
- Bank of England policymakers keep rates on hold but more back hikeThe Bank of England decided to keep its benchmark interest rate steady at 3.75 percent. However, three policymakers have pushed for a possi...
- International funds deliver stellar returns in 1 year, but subscriptions remain shut. Experts suggest alternativesInternational funds offered excellent returns over the past year, outperforming domestic options. However, fresh investments are currently ...
- Tracking pulses: Low kharif sowing sparks supply concerns; how big is the risk?Experts say the next few weeks of monsoon will decide if the acreage shortfall stays manageable or turns into a bigger supply and price ris...
- India orders Pepsi, Red Bull, Monster and others to drop ‘energy drink’ label despite industry protestsIndia's food regulator has mandated that beverage brands discontinue the 'energy drink' label. This directive entails a compliance period o...
- Traders are getting a new tool to bet on biggest US stocksCME Group will introduce single-stock futures for over fifty major US companies. These contracts offer leveraged exposure without the compl...
- Parliamentary panel backs Sebi board expansion, longer cooling-off period for top brassStanding Committee on Finance, headed by Bhartruhari Mahtab, backs key provisions of the Securities Markets Code Bill, including raising Se...
- China's memory chip makers ride AI boom to new power, US scrutinyChinese chipmakers CXMT and YMTC are now dictating memory chip prices globally. These companies are securing significant deals with major C...
- Sugar stock limits may offer temporary relief but risk disrupting the supply chain: IndustryIndia is unlikely to face any immediate sugar shortage, as domestic stocks are expected to be sufficient to meet demand until the next crus...
- Deeptech startups to ride on Skyroot’s success; likely to fuel VC fundingSkyroot Aerospace's successful launch will significantly boost India's private spacetech sector and is expected to increase capital flow an...
- The geopolitics of AI: Why WAICO mattersChina's formation of the World Artificial Intelligence Cooperation Organization marks a pivotal moment in the global AI landscape, marking ...
- China's Kimi K3 rattles US AI industryKimi K3, a new artificial intelligence program from a Chinese startup called Moonshot AI, stunned the US tech industry on Friday, setting o...
- Trump's teleprompter operator under probe for insider tradingDonald Trump's teleprompter operator, Gabriel Perez, faces federal investigation for insider trading. Suspicious trades on the Kalshi platf...
- India-UK FTA offers big opportunity, but implementation gaps remain: IndustryBusinesses welcome the pact but seek clarity on implementation details and regulations. Technical standards and rules of origin require fur...
- US derivatives regulator blocks Kalshi from canceling Michigan trades despite court orderThe U.S. derivatives regulator blocked Kalshi from cancelling trades in Michigan despite a state court order banning its sports-related con...
- Crypto exchanges cash in on SpaceX frenzy with pre-IPO derivativesBillions of dollars have flowed into instruments dubbed "pre-IPO perpetual futures", which have no direct link to the underlying shares but...
- Wall Street banks rule on staff betting on prediction markets, sources sayIn a significant move, major Wall Street banks have revised their employee conduct guidelines. The updated policies impose restrictions on ...
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