Nigeria’s crypto tax could push trading into the shadows
Peer-to-peer and OTC traders warn that Nigeria’s new tax framework, including a 1.5% stamp duty, could push crypto activity into informal channels.
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CFTC probes mention markets as states move against Kalshi
The Commodity Futures Trading Commission is conducting an internal review of mention markets, while states and banks increase pressure on prediction platforms.
Smarkets takes a two-pronged approach to break into the US betting market
Smarkets is trying to enter the US market by applying for both a federal prediction market license and state sportsbook licenses, as regulators clash over jurisdiction.