Michael S. Selig

Prediction site Polymarket rolled out new consumer protections and anti-addiction measures Wednesday, as a growing number of policymakers call for more regulation of the booming industry

A spokesman for Trump Jr. told the Times that he "does not interface with the federal government on behalf of any company he invests in or advises."

The head of the Commodity Futures Trading Commission (CFTC) vowed Thursday to “move swiftly” on establishing rules for the cryptocurrency market if Congress fails to pass legislation on the matter this year

Computing power dubbed ‘digital oil’ in US push to dominate global AI competition

The boom of prediction markets, where people can bet on the outcome of future events, and the prevalence of wildfires are raising concerns about whether betting on natural disasters could drive criminal activity

It could easily be dismissed as simply the latest in a string of cases earning "prediction market" platforms like Kalshi and Polymarket reputations as a gambler’s paradise—or just a place for a few unscrupulous sorts to engage in a little insider trading

FCC ID mandate plans could kill anonymous burner phones

The House on Tuesday passed a sweeping housing package with overwhelming bipartisan support, sending the legislation to the president’s desk and delivering a major victory for congressional leaders in both parties

The Commodity Futures Trading Commission (CFTC), which argues it has exclusive jurisdiction over the platforms, brought the case after Kentucky Attorney General Russell Coleman (R) sued Kalshi and Polymarket last week

Retail mania and tight float propel SpaceX past tech titans despite steep losses

The rules would allow regulators to prohibit bets on player injuries, officiating outcomes and the first pitch in a baseball game

The Commodity Futures Trading Commission (CFTC) asked a judge Wednesday to throw out a Biden-era settlement with Gemini, the cryptocurrency exchange founded by billionaire investors Tyler and Cameron Winklevoss

The posts and hundreds of others like it are exposing younger people to prediction market platforms, where users can put money on the line for the outcomes of real-world events — or absurd ones like when the U.S. will confirm that aliens exist or whether Jesus Christ will return before 2027

When a frenzy over buying GameStop stock took over Reddit a few years ago, some lawmakers fretted that a cheap-thrills approach to finance was the opposite of what markets are supposed to be for

The law would not subject Minnesotans who bet on the sites to criminal penalties

A lot is at stake as states vow to heavily regulate or even ban what they view as illegal gambling operations

A US Army soldier has been indicted on Thursday for using classified military intelligence to place winning bets on former Venezuelan leader Nicolas Maduro's capture

A U.S. Army special forces soldier involved with the capture of Venezuelan President Nicolás Maduro is due in court Friday after being charged with using classified information about the mission to win more than $400,000 in an online prediction market

The White House wants to sell American artificial intelligence to the world

Johnson tries again on FISA vote

How the institutions address those concerns will dominate their annual spring meetings that begin this week in Washington

A judge has temporarily barred Arizona from enforcing its gambling laws against predictive market operators like Kalshi

This means they are available in all 50 states to users 18 and older

At a crypto industry conference in Washington this month, no speaker received a warmer reception than Paul Atkins, the chairman of the Securities and Exchange Commission

At the same time, MLB also signed a memo of understanding with Commodity Futures Trading Commission Chairman Michael Selig