Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn’t buying it, and in a new complaint targeting Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com, the state is citing the companies’ own marketing to call them unlicensed gambling venues. “Thinly disguising unlawful conduct doesn’t make it lawful,” Attorney General Josh Kaul […]
High Roller Technologies Inc. (ROLR) stock more than doubled after the online casino operator said it planned to introduce an event-based prediction market in the U.S. in conjunction with Crypto.com. The Las Vegas-based company said Tuesday it will initially offer its customers Crypto.com Derivatives North America (CDNA) event contracts in the U.S. across finance, sports […]
Crypto.com has applied to the U.S. Office of the Comptroller of the Currency (OCC) for a national trust bank charter, a step it says would expand its federally supervised crypto-custody services for institutions. In Friday’s announcement, the exchange framed the filing as an extension of its regulated, security-first push for large customers — ETF sponsors, […]