New York Reintroduces Bill Restricting Prediction Markets

Donald Trump Says No Pardon Issuance to FTX’s Sam Bankman-Fried

Hopes of Sam Bankman-Fried (SBF) receiving a pardon have been shattered. The United States’ president, Donald Trump, confirmed in a recent interview with The New York Times that he would not issue a presidential pardon to the imprisoned FTX founder. The latest comment came about a year after SBF and his parents sought a pardon from the president. Trump Shatters SBF’s Pardon Hopes Last year, Trump issued pardons to several high-profile crypto fig…

ORACLE Act Targets Prediction Markets With Strict Rules

The ORACLE Act, known as the Oversight and Regulation of Activity for Contracts Linked to Events, was reintroduced in the New York State Assembly by Assembly Member Clyde Vanel on January 7 to set stricter rules for platforms that offer prediction markets.

Revived NY bill targets sports, politics and death prediction markets

New York lawmakers will soon review a bill that seeks to ban certain sports and political event contracts in the state, among others.

New York Reintroduces Bill Restricting Prediction Markets

A New York lawmaker has reintroduced a bill to restrict prediction markets by banning contracts tied to particular sporting and political events and “death markets.”