The prediction markets – which allow people “to buy and sell contracts on whether events are going to happen or not,” as Kalshi describes it on its site – have had a tumultuous recent history with the CFTC. Other companies had been ordered to cease doing business in the U.S., such as Polymarket and PredictIt, which has been fighting the CFTC in court since last year.
Frax Finance Eyes Blackrock’s BUIDL Token as Subsequent-Gen Reserve Asset
Frax Finance, the issuer of the stablecoin frax usd (FRAX), which at present holds the ninth spot amongst fiat-pegged tokens...