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Kalshi sues Nevada and New Jersey gaming regulators


Prediction market Kalshi filed a lawsuit against the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement after both state regulators sent cease and desist orders for the firm to pause all sports-related contracts in the states.Kalshi's legal team argued that the contracts...

Kalshi sues Nevada and New Jersey gaming regulators


Prediction market Kalshi filed a lawsuit against the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement after both state regulators sent cease and desist orders for the firm to pause all sports-related contracts in the states.Kalshi’s legal team argued that...

Kalshi sues Nevada and New Jersey gaming regulators


Prediction market platform Kalshi has filed a lawsuit against the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement, following cease and desist orders from both regulators directing the company to halt all sports-related contracts within their states.Kalshi’s legal...

New Jersey Regulators Urge Crypto Investors to Withdraw Funds From Abra


New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the platform’s alleged violations of state securities laws. Affected...

Michigan Retirement System Invests $6.59M in Ark Invest’s Bitcoin Fund


According to the latest U.S. Securities and Exchange Commission (SEC) 13-F filing from Ark Invest’s and 21shares’ ARKB fund, the State of Michigan Retirement System (SMRS) acquired approximately $6.59 million in ARKB shares. This news follows an announcement by Steven Fulop, the mayor...

New Jersey Mayor: City Pension Fund to Invest in Bitcoin ETF


In an unexpected but notable announcement, Steven Fulop, the Mayor of New Jersey, has declared a significant shift in the financial strategy of the Jersey City pension fund. In a recent Twitter post, Fulop shared that the pension fund is updating its paperwork with the SEC to allocate a percentage...

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