Kalshi sues Minnesota over prediction ban

Kalshi has sued Minnesota to block the state’s prediction market ban set to take effect on August 1. Summary Kalshi filed a federal lawsuit against Minnesota over its new prediction market ban law. The company argues the Commodity Exchange Act gives the CFTC exclusive jurisdiction over event contracts. Minnesota’s law would make operating a prediction…

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NYT Pips hints, answers for May 29, 2026

Welcome to your guide to Pips, the latest game in the New York Times catalogue. Released in August 2025, Pips puts a unique spin on dominoes, creating a fun single-player experience that could become your next daily gaming habit. Currently, if you’re stuck, the game only offers to reveal the entire puzzle, forcing you to…

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CFTC Sues Rhode Island as State Rules Threaten Prediction Markets

Key Takeaways Federal officials are challenging Rhode Island’s attempt to regulate event-contract platforms under gambling laws. Prediction markets have become a major regulatory battleground as trading expands across political, economic, and sports-related events. Courts may decide whether federal commodities law preempts state gambling enforcement against registered markets. CFTC Moves Against Rhode Island Over Prediction Markets…

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Digital Chamber rallies Senate on CLARITY Act

The Digital Chamber is leading a coalition of crypto firms pressing the Senate to pass the CLARITY Act. Summary The Digital Chamber is leading more than 100 crypto firms urging Senate passage of the CLARITY Act. The coalition wants action before the Senate’s summer recess to lock in regulatory clarity. The Senate Banking Committee already…

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The GOP’s Attacks on James Talarico Are Straight Out of the Incel Handbook

On Tuesday, with Donald Trump’s endorsement and the backing of the MAGA faithful, scandal-ridden Texas attorney general Ken Paxton defeated incumbent US senator John Cornyn in a runoff primary to claim the Republican nomination for that seat. He then quickly set about painting his general-election opponent, Democratic Texas state representative James Talarico, as insufficiently masculine….

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CFTC Moves to Drop Gemini Restrictions in Case It Says Shouldn’t Exist

Key Takeaways The CFTC said the Gemini enforcement case would not meet current filing standards. The agency cited disputed evidence, whistleblower credibility concerns, and litigation conduct issues during review. Federal agencies are increasingly coordinating crypto oversight while revising enforcement standards and cooperation policies. CFTC Review of Gemini Case Reshapes Crypto Enforcement The Commodity Futures Trading…

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UniCredit warns of EU crypto bank crisis

UniCredit director Elena Carletti has warned Europe may struggle to contain a crypto bank crisis under MiCA rules. Summary UniCredit’s Elena Carletti warned Europe lacks tools to backstop crypto-linked deposits the way US regulators did after SVB. MiCA pushes stablecoin issuers closer to banks but EU deposit insurance is capped at €100,000. Carletti cited Circle’s…

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