PANews reported on February 18th that, according to Business Insider, Nevada regulators have officially sued prediction market platform Kalshi. The regulators arePANews reported on February 18th that, according to Business Insider, Nevada regulators have officially sued prediction market platform Kalshi. The regulators are
Prediction market platform Kalshi sued in Nevada, USA
PANews reported on February 18th that, according to Business Insider, Nevada regulators have officially sued prediction market platform Kalshi. The regulators are reportedly seeking a court order to prohibit Kalshi from continuing to operate an "unlicensed sports betting business." They also noted Kalshi's rapid growth, with trading volume on Super Bowl Sunday this year being 27 times that of last year. As of now, a Kalshi spokesperson declined to comment, but disclosed that they have requested federal court to hear the case, pointing out that only federal law applies to prediction markets, and that the state's new enforcement action is based on the same issues being addressed in the federal court.
Market Opportunity
American Coin Price(USA)
$0.0000002146
$0.0000002146$0.0000002146
USD
American Coin (USA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
New Zealand RBNZ Interest Rate Decision in line with expectations (2.25%)
The post New Zealand RBNZ Interest Rate Decision in line with expectations (2.25%) appeared on BitcoinEthereumNews.com. Gold is attempting a bounce from the $4,
Share
BitcoinEthereumNews2026/02/18 09:53
Mississippi holds hearing on xAI data center amid environmental lawsuit threat
The Southern Environmental Law Center claims that a planned gas-fired power plant set to power xAI's Colossus II data center will be the largest new source of pollution
Share
Rappler2026/02/18 10:37
VanEck Targets Stablecoins & Next-Gen ICOs
The post VanEck Targets Stablecoins & Next-Gen ICOs appeared on BitcoinEthereumNews.com. Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead. Grab a coffee because the firms shaping crypto’s future are not just building products, but also trying to reshape how capital flows. Crypto News of the Day: VanEck Maps Next Frontier of Crypto Venture Investing VanEck, a Wall Street player known for financial “firsts,” is pushing that legacy into Web3. The firsts include pioneering US gold funds and launching one of the earliest spot Bitcoin ETFs. Sponsored Sponsored “Financial instruments have always been a kind of tokenization. From seashells to traveler’s checks, from relational databases to today’s on-chain assets. You could even joke that VanEck’s first gold mutual funds were the original ‘tokenized gold,’” Juan C. Lopez, General Partner at VanEck Ventures, told BeInCrypto. That same instinct drives the firm’s venture bets. Lopez said VanEck goes beyond writing checks and brings the full weight of the firm. This extends from regulatory proximity to product experiments to founders building the next phase of crypto infrastructure. Asked about key investment priorities, Lopez highlighted stablecoins. “We care deeply about three questions: How do we accelerate stablecoin ubiquity? What will users want to do with them once highly distributed? And what net new assets can we construct now that we have sophisticated market infrastructure?” Lopez added. However, VanEck is not limiting itself to the hottest narrative, acknowledging that decentralized finance (DeFi) is having a renaissance. The VanEck executive also noted that success will depend on new approaches to identity and programmable compliance layered on public blockchains. Backing Legion With A New Model for ICOs Sponsored Sponsored That compliance-first angle explains VanEck Ventures’ recent co-lead of Legion’s $5 million seed round alongside Brevan Howard. Legion aims to reinvent token fundraising by making early-stage access…
Share
BitcoinEthereumNews2025/09/18 03:52