Close Menu
  • Latest News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Meme Coins
  • DeFi
  • Tech
    • Blockchain
    • Security and Privacy
  • Web 3
    • Web3 News
    • Gaming
  • Legal
    • Taxes & Regulation
    • Adoption
  • Analysis
  • Learn
    • Education
    • Wallets and Exchanges
  • Tools
    • Market Overview
    • Converter
What's Hot

Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

July 3, 2025

StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

July 3, 2025

BounceBit bets big on tokenized equities that don’t ‘sit idle’

July 3, 2025
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
Facebook X (Twitter) Instagram
Buy Crypto NewsBuy Crypto News
  • Latest News
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. Meme Coins
    5. View All

    BlackRock’s Bitcoin ETF Drives More Revenue Than Its S&P 500 Fund

    July 3, 2025

    Bitwise Says Bitcoin Price Could Hit $120K in July

    July 2, 2025

    Dogecoin Rebounds After Forming ‘Double Bottom’

    July 2, 2025

    Figma Reveals $70M Bitcoin ETF Holdings, Plans To Buy $30M More

    July 2, 2025

    Why traders are fleeing Dogecoin even as Bitcoin, Ethereum stay strong

    July 3, 2025

    Ethereum Community Foundation raises millions, aims for $10K ETH: ‘You deserve better!’

    July 2, 2025

    Ethereum In Demand: ETF Inflow Streak Extends To 7 Weeks

    July 2, 2025

    Ethereum accumulation hits record high – Will ETH explode past $3K?

    July 2, 2025

    Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

    July 3, 2025

    MicroStrategy-led public firms outpace ETFs in BTC buys: What it means for Bitcoin

    July 3, 2025

    Solana Price Prediction 2025, 2026-2030: SOL Price Targets $500?

    July 2, 2025

    Analyst Sees 98% Surge for Top Solana Challenger, Predicts at Least 2x Rally for One SOL-Based Altcoin

    July 2, 2025

    Pepe, BMT, CAKE: Crypto Activity Heats Up

    March 18, 2025

    SHIB Burns Over Half a Billion Tokens, Price Surges Over 7%

    March 17, 2025

    DOGE Sees Massive User Growth: Active Addresses Up 400%

    March 15, 2025

    Shiba Inu (SHIB) Price Analysis: Bullish Hints, Bearish Trend

    March 15, 2025

    Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

    July 3, 2025

    StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

    July 3, 2025

    BounceBit bets big on tokenized equities that don’t ‘sit idle’

    July 3, 2025

    Blockworks Token Transparency Framework for stringent and fair disclosure

    July 3, 2025
  • DeFi

    BounceBit bets big on tokenized equities that don’t ‘sit idle’

    July 3, 2025

    SharpLink earns $540K in rewards after staking entire Ethereum portfolio of nearly 200k ETH

    July 2, 2025

    Connecticut passes law blocking the state from creating a Bitcoin reserve

    July 2, 2025

    Analysts say Bitcoin could hit new ATH $116k this July

    July 2, 2025

    Swyftx crypto exchange will acquire Caleb & Brown in deal reported over $65.8M

    July 2, 2025
  • Tech
    1. Blockchain
    2. Security and Privacy
    3. View All

    Blockworks Token Transparency Framework for stringent and fair disclosure

    July 3, 2025

    Rain and Toku Launch Stablecoin Payroll Infrastructure

    July 3, 2025

    JPMorgan’s Blockchain Unit Unveils Record-Breaking Carbon Credit Tokenization Pilot—What’s Next?

    July 2, 2025

    Wormhole Set to Strengthen XRP Ledger’s Cross-Chain Infrastructure

    July 2, 2025

    Crypto firms paid $2.7M monthly to North Korean workers

    July 3, 2025

    International Taskforce Dismantles €460m Crypto Fraud Network

    July 1, 2025

    Bybit and North Korean hackers headline $2.1 billion crypto hacks in H1

    June 27, 2025

    Fake Web3 Wallet Prompt Steals $43,000 from CoinMarketCap Users

    June 24, 2025

    Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

    July 3, 2025

    StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

    July 3, 2025

    BounceBit bets big on tokenized equities that don’t ‘sit idle’

    July 3, 2025

    Blockworks Token Transparency Framework for stringent and fair disclosure

    July 3, 2025
  • Web 3
    1. Web3 News
    2. Gaming
    3. View All

    SCOR on Sweet Drops ‘Flappy Racquet’ Featuring Top Tennis Pros for Wimbledon

    July 3, 2025

    How Partner Branded TLDs Are Supercharging Onchain Adoption

    July 2, 2025

    Radio Free Hub City Unveils “The Smithsburg Bugle,” A Monthly Hyper-Local Publication

    July 2, 2025

    .ASK: The Domain That Answers to You

    July 2, 2025

    Wimbledon Stars Lead ‘Flappy Racquet’ Telegram Game Ahead of SCOR Token Launch

    July 2, 2025

    Complete Guide to the Web3 Strategy Game

    July 2, 2025

    From Static Credentials to Smart Identity: The Potential of AI-Driven NFTs

    July 1, 2025

    What’s Next for ‘MapleStory Universe’? More Ways to Play

    July 1, 2025

    Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

    July 3, 2025

    StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

    July 3, 2025

    BounceBit bets big on tokenized equities that don’t ‘sit idle’

    July 3, 2025

    Blockworks Token Transparency Framework for stringent and fair disclosure

    July 3, 2025
  • Legal
    1. Taxes & Regulation
    2. Adoption
    3. View All

    Should I Sell My Bitcoin? A Clear, No-Hype Guide for 2025

    July 3, 2025

    Ripple clarifies Linqto relationship amidst regulatory investigation

    July 2, 2025

    Ripple vs SEC Lawsuit Not Fully Settled Yet, Say Legal Experts

    July 2, 2025

    South Korea halts CBDC plans, shifting focus to bank-led stablecoins

    July 2, 2025

    StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

    July 3, 2025

    XRP Ledger payment transactions surges 430% in two years

    July 2, 2025

    Corporate treasuries double ETF Bitcoin buys in H1, signaling aggressive boardroom adoption

    July 2, 2025

    Figma discloses $70M Bitcoin exposure via Bitwise ETF in IPO filing, plans another $30M buy

    July 2, 2025

    Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

    July 3, 2025

    StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

    July 3, 2025

    BounceBit bets big on tokenized equities that don’t ‘sit idle’

    July 3, 2025

    Blockworks Token Transparency Framework for stringent and fair disclosure

    July 3, 2025
  • Analysis

    Is Bitcoin Price Poised for a Historical Rally in July Fueled By Institutional Investors?

    July 3, 2025

    What Next for SOL Price?

    July 2, 2025

    Cathie Wood Says Stock Market Entering ‘Durable’ Bull Run, Predicts Mass Recovery of US Economy After Rate Cuts

    July 2, 2025

    Bitcoin powerhouse Strategy nears S&P 500 inclusion as net income soars

    July 1, 2025

    Tuttle’s new ETFs could offer 2x gains or losses on SOL, TRUMP, XRP, and more starting July 16

    July 1, 2025
  • Learn
    1. Education
    2. Wallets and Exchanges
    3. View All

    What Are Internet Capital Markets? Why Companies Are Launching Meme Coins

    June 16, 2025

    What is a Corporate Bitcoin Treasury? The Strategy Behind Companies Holding Crypto

    May 27, 2025

    What Are Tokenized Real-World Assets? Putting Physical Value On-Chain With RWAs

    May 19, 2025

    Users Taunt Grok After xAI Says Modifications Were Made to Spit out ‘White Genocide’ Claim

    May 16, 2025

    Mastercard joins forces with Bitget Wallet to release zero-fee crypto cards

    July 2, 2025

    Supreme Court confirms IRS right to access customer data from crypto exchanges without warrant

    July 2, 2025

    Satoshi Nakamoto address receives $20k from mystery wallet

    July 1, 2025

    Robinhood unveils crypto-heavy roadmap that lifts stock to all-time high

    July 1, 2025

    Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

    July 3, 2025

    StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

    July 3, 2025

    BounceBit bets big on tokenized equities that don’t ‘sit idle’

    July 3, 2025

    Blockworks Token Transparency Framework for stringent and fair disclosure

    July 3, 2025
  • Tools
    • Market Overview
    • Converter
Buy Crypto NewsBuy Crypto News
Home»Taxes & Regulation»Robinhood Added Sports and Political Event Contracts, Their Creator Heads to Court Against Nevada Regulators
Taxes & Regulation

Robinhood Added Sports and Political Event Contracts, Their Creator Heads to Court Against Nevada Regulators

April 2, 2025No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

The federally regulated derivatives exchange Kalshi has recently filed a lawsuit against Nevada gaming regulators in an attempt to continue offering sports and political event contracts. This legal battle brings to light the clash between state and federal oversight of betting activities in the United States.

The issue arose after the U.S. Commodity Futures Trading Commission (CFTC) raised concerns about Crypto.com offering Kalshi’s event-based contracts, which allowed betting on the outcome of the Super Bowl. This scrutiny led to Robinhood withdrawing from a similar offering just one day after its launch.

In response to threats of penalties from Nevada authorities for violating state rules on sports pools, Kalshi argues that as a federally regulated entity under the CFTC, it should be exempt from state gambling laws. The lawsuit, filed in the U.S. District Court in Las Vegas, challenges Nevada’s attempt to regulate Kalshi’s activities and asserts that Congress established a federal regulatory framework for futures derivatives on designated exchanges.

Kalshi’s platform allows users to wager on a wide range of outcomes, from predicting Oscar winners to forecasting Federal Reserve interest rate decisions. The company began offering sports-related contracts in January, prompting the Nevada Gaming Control Board to issue an order to shut down these contracts, citing the state’s authority to regulate gaming activities within its borders.

While Nevada gaming authorities have yet to respond to the lawsuit, industry experts anticipate that the outcome of this case could have significant implications for the future of sports betting and event-based financial products in the U.S. This legal dispute underscores the tension between traditional state-regulated gambling and the evolving market for event-based derivatives.

See also  Will the GENIUS Act Stablecoin Legislation Pass Today?

In a separate development, the CFTC launched an investigation into Super Bowl-related event contracts offered by Crypto.com and Kalshi, questioning their compliance with derivatives regulations. Following this scrutiny, Robinhood decided to withdraw from offering similar instruments. However, the platform later re-entered the prediction trading market alongside Kalshi, sparking a debate about the future of event-based contracts in the financial industry.

As the legal battle between Kalshi and Nevada gaming regulators unfolds, the outcome will likely shape the landscape of betting activities and derivative trading in the United States. Stay tuned for updates on this high-stakes dispute.

Added Contracts Court Creator Event Heads Nevada Political Regulators Robinhood sports
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Should I Sell My Bitcoin? A Clear, No-Hype Guide for 2025

July 3, 2025

Ripple clarifies Linqto relationship amidst regulatory investigation

July 2, 2025

Ripple vs SEC Lawsuit Not Fully Settled Yet, Say Legal Experts

July 2, 2025

South Korea halts CBDC plans, shifting focus to bank-led stablecoins

July 2, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Bitcoin Seeing Heavy Accumulation on Coinbase and Binance, Says Analytics Firm Glassnode – Here’s the Outlook

May 18, 2025

Meme Coins vs. the Art World: A Surprising Parallel

January 27, 2025

Cardone Capital to acquire 3000 BTC in pivot to Bitcoin-backed real estate strategy

June 23, 2025
Price Chart


Explore insights on crypto, blockchain, taxes, and security. Stay informed with expert guides, tips, and the latest trends to navigate the digital asset world confidently


We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Analyst Says Cycle Is Not Finished Amid 2 Years Of Bitcoin Sideways Movement

July 3, 2025

StanChart predicts Bitcoin’s new cycle may defy past patterns with ETF and policy tailwinds

July 3, 2025

BounceBit bets big on tokenized equities that don’t ‘sit idle’

July 3, 2025
Get Informed

Subscribe to Updates

Get the latest creative news From BuyCryptoNews directly in your Inbox!

  • Contact
  • Privacy Policy
  • Terms & Conditions
  • Disclosure
© 2025 BuyCryptoNews - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.