Sports Bets or Swaps? Ninth Circuit’s Controversial Kalshi Ruling Deepens the Divide
Does federal derivatives law preempt state gaming regulations when a prediction market lists sports-related contracts as swaps? In
The SEC’s Long-Awaited Crypto Proposal
After years of applying decades-old securities rules to digital assets, the Securities and Exchange Commission (SEC) has proposed a...
FCA Finalises Overhaul of UK Transaction Reporting
On 3 August 2026, the Financial Conduct Authority (FCA) published Policy Statement PS26/15, setting out final transaction reporting rules...
ESMA Publishes Preliminary Findings on the Active Account Requirement
On 6 July 2026, the European Securities and Markets Authority (ESMA) published two important documents on recent developments concerning...
Prediction Markets Hearing Before the US House Subcommittee on Commodity Markets, Digital Assets, and Rural Development
On July 21, I testified before the House Agriculture Committee’s Subcommittee on Commodity Markets, Digital Assets, and Rural Development...
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