Tag: Doge

Trump Says He’s Setting The ‘Rules Of The Road’ When It Comes To Prediction Markets, Backs Exclusive CFTC Oversight On Industry

President Donald Trump backed the Commodity Futures Trading Commission’s exclusive authority over prediction markets on Tuesday, while also declaring the U.S. as the world’s Bitcoin (CRYPTO: BTC) capital. Trump Says States Must Follow ‘Rules Of The Road’ Trump said via his Truth Social that prediction platforms will “thrive” under the CFTC’s...
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Crypto PACs Flex Political Muscle In High-Stakes Texas Runoffs

Bets on the Texas Republican Senate primary runoff topped $16 million in total volume on prediction platform Kalshi, which gave crypto-backed candidate Ken Paxton a 96% chance of defeating incumbent John Cornyn heading into Tuesday’s vote. The Kalshi platform had consistently favored the Democratic challenger in the House race...
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