18h ago
Macquarie: World Cup 2026 Betting Could Exceed $50B as Prediction Markets Expand
Macquarie projects global wagering on the 2026 World Cup could surpass $50 billion, up from $35 billion in 2022, as the tournament expands to 48 teams and 104 matches. The event began June 11 in Mexico City and is the first World Cup to feature regulated U.S. prediction markets such as Kalshi and Polymarket alongside sportsbooks. Crypto sportsbooks including Stake, Betfury, and 1win are also running World Cup promotions worth millions in rewards.
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18h ago
20h ago
Ripple CEO says CLARITY Act could move 90% of crypto volume onshore
On 12 June 2026, Ripple CEO Brad Garlinghouse said the proposed Digital Asset Market Clarity Act could shift about 90% of crypto trading volume from offshore venues to the U.S. He argued the bill would improve consumer protection by bringing activity under defined rules, while criticizing JPMorgan's Jamie Dimon as opposing it to defend a payments unit he said generates $20 billion in revenue and over $5 billion in profit.
BTC
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20h ago
22h ago
CFTC Chair Mike Selig Says Agency Will Replace "Regulation by Enforcement" With Clear Crypto Rules
CFTC Chair Mike Selig, confirmed to lead the agency in December 2025, said crypto markets have faced prolonged regulatory uncertainty and that the regulator will prioritize clear, rule-based oversight over enforcement-led policymaking. As the CFTC's only sitting commissioner, he now holds unusual sway over crypto, derivatives and prediction markets, including a $36.6 billion event-contract market reported for Q1 2026. Selig also pointed to work on U.S.-regulated crypto perpetual futures and a June 10 proposal that would review prediction-market contracts under a 90-day process.
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22h ago
1d atrás
Figure to Acquire Kiavi for $717M, Eyeing a $200 Billion Annual Lending Market
Figure Technology Solutions agreed to buy Kiavi’s technology and operating platform in a $717 million deal, aiming to place more private-credit lending activity onto its blockchain marketplace. Figure said the transaction could add more than $7 billion in annual first-lien loan volume and over $100 million in monthly flow to its Democratized Prime platform, while targeting a $200 billion annual origination market.
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1d atrás