Prediction markets saw over $1.5M in volume on FunPlus Phoenix’s VCT China Stage 2 opener

Esports' shift from crypto highlights a pivot to traditional revenue streams, impacting crypto tokens reliant on sponsorship deals. The post Esports is quietly breaking up with crypto, and the XSE Pro League proves it appeared first on Crypto Briefing.

Crypto sponsorships in esports could reshape funding dynamics, while prediction market activity highlights growing financial interest in gaming. The post Nongshim RedForce eliminates Team Vitality from EWC VALORANT 2026 as crypto sponsors make esports debut appeared first on Crypto Briefing.

The post Wall Street banks restrict staff trading on prediction markets appeared on BitcoinEthereumNews.com. Major Wall Street banks are tightening employee rules for prediction markets as concerns grow over the use of confidential information on platforms such as Polymarket and Kalshi. Summary Wall Street banks are restricting employee prediction-market trades as concerns about confidential information use increase. Goldman Sachs bars contracts tied to finance, politics, macroeconomics, geopolitics, and bank-specific events for staff. Federal cases and congressional probes are pushing platforms and employers toward tighter surveillance and compliance. Goldman Sachs, Morgan Stanley, JPMorgan Chase and Bank of America have added or updated restrictions covering event contracts, according to a Reuters report. The policies aim to reduce insider trading and conflict-of-interest risks. Goldman Sachs limits financial and political trades Goldman Sachs has prohibited employees from trading pr

Wall Street banks restrict employee prediction-market trades as insider concerns grow around Polymarket, Kalshi and event contracts.

Rothera's rapid growth in prediction markets highlights the increasing mainstream acceptance and potential profitability of event-driven trading. The post Rothera surpasses $3B in wagers amid World Cup excitement appeared first on Crypto Briefing.

The post North Carolina Backs CFTC Oversight of Prediction Markets appeared on BitcoinEthereumNews.com. The post North Carolina Backs CFTC Oversight of Prediction Markets appeared first on Coinpedia Fintech News North Carolina has passed a law recognizing the Commodity Futures Trading Commission (CFTC) as the primary regulator of prediction market platforms such as Kalshi and Polymarket, making it one of the few states to support federal oversight instead of treating them as gambling operators. Signed on July 7, the law imposes a 6% tax on … Source: https://coinpedia.org/crypto-live-news/north-carolina-backs-cftc-oversight-of-prediction-markets/

The post CFTC Regulation Prediction Markets: North Carolina’s Bold Move appeared on BitcoinEthereumNews.com. North Carolina has quietly done something most states have refused to do: formally take the federal government’s side in the escalating battle over CFTC regulation of prediction markets. Governor Josh Stein signed Senate Bill 257 on July 7, 2026, as part of the state’s annual budget — a move that positions North Carolina as one of the few states to recognize Washington’s authority over platforms like Kalshi and Polymarket rather than treating them as unlicensed gambling operations. Key takeaways North Carolina’s Senate Bill 257, signed July 7, 2026, formally recognizes the CFTC’s exclusive federal regulatory authority over prediction markets. The law imposes a 6% tax on prediction market operators’ net trading fees attributable to North Carolina residents, effective January 1, 2027 — with no licensing or registration requirements attached. That 6% rate is far below the 23% tax N

The post North Carolina Bill Recognizes CFTC’s ‘Federal Regulatory Authority’ Over Prediction Markets appeared on BitcoinEthereumNews.com. In brief North Carolina has passed a law recognizing the CFTC’s authority over prediction markets such as Kalshi and Polymarket, breaking with states trying to police them as gambling. The provision, signed by Governor Josh Stein on July 7, taxes the platforms at 6% of their North Carolina-attributable net trading fees, versus a 23% rate on sports betting operators. It lands days after a New York judge dealt Kalshi a major courtroom setback, deepening a national split headed for the higher courts. North Carolina has become one of the few states to formally side with federal regulators in the escalating fight over prediction markets, enacting a law that recognizes the CFTC’s authority over platforms like Kalshi and Polymarket. Governor Josh Stein signed the measure on July 7 as part of the state’s 2026 budget, Senate Bill 257. A prediction market reg