Kalshi Bans 3 US Candidates Over Insider Bets on Elections
Kalshi has banned and fined two US congressional candidates and one sitting lawmaker for betting on the outcomes of their own political races.
Kalshi has banned and fined two US congressional candidates and one sitting lawmaker for betting on the outcomes of their own political races.
The PAC that claimed to have “over $100 million” at its launch in September disclosed $11 million in combined contributions from Cantor Fitzgerald and Anchorage Digital.
The Sentinel Action Fund PAC endorsed Republican Jon Husted for the US Senate, while Vivek Ramaswamy’s financial disclosures in the governor’s race signaled conflicts of interest.
UK Liberal Democrats urge the FCA to investigate Nigel Farage’s promotion of Stack BTC, citing potential market abuse and conflict of interest concerns.
The Fellowship PAC endorsed five Republican candidates and reported $1.5 million in advertising for two candidates after months of inactivity.
Reform UK leader and MP Nigel Farage has backed a $2.7 million Bitcoin allocation through UK Bitcoin treasury firm Stack BTC.
Brian Armstrong push to pass crypto market structure legislation came about three months after he said Coinbase could not support the then version of the bill.
The White House issued a warning to staff about insider trading by government officials, adding to growing concerns tied to oil and prediction market trading by politicians.
Donald Trump is scheduled to attend a Florida memecoin event and the White House Correspondents’ Association Dinner on the same day.
A Coinbase Institute survey finds over 80% of UK 16-25-year-olds are familiar with crypto, with Bitcoin now their best-known financial product.
More than 40 US lawmakers have urged regulators to warn federal employees against using insider knowledge in prediction markets, citing suspicious trades and potential violations of the STOCK Act.
In contrast to other political action committees, the Blockchain Leadership Fund backed by Chainlink and Anchorage will be able to contribute directly to candidates and buy ads.
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