Binance Says It Intends to File Motion to Dismiss CFTC Complaint

[ad_1] Binance’s response to the CFTC’s complaint is due later this week, on July 27. The filing did not specify Binance’s argument, only that it is requesting to exceed the standard 15-page limit due to the complexity of the case. According to the filing, Lim also intends to file a separate Motion to Dismiss. [ad_2]

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CFTC Kicks Off Review of Prediction Market Kalshi’s Congressional Control Betting Contracts

[ad_1] “The Commission should treat Kalshi’s certification in the same manner it treats all DCM certifications of new products, and then do what Congress provided: Undertake a public rulemaking process to establish a legal framework for exercising its discretion to determine whether event contracts, including those relating to political control, may be prohibited from trading […]

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