U.S. CFTC adds New York to string of states its suing to stop prediction market pushback

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Crypto News

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated state gambling laws. And last year, the […]

Crypto Exchange Bullish Seeks to Raise $629M in New York Share Sale

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Crypto News

Bullish, the owner of the Bullish Exchange crypto platform, said it plans to raise as much as $629 million in its initial public offering (IPO) on the New York Stock Exchange. The company, which also owns CoinDesk, said it plans to sell 20.3 million ordinary shares with an expected price of $28-$31 per share according […]

Crypto Advisory Council Coming to New York City

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Crypto News

NEW YORK — The city of New York is launching a digital assets advisory council to bring fintech jobs into the Big Apple, Mayor Eric Adams announced Tuesday. New York City is “open for business, he said at the start of a summit hosted at the mayor’s official residence, Gracie Mansion. The council will be […]