Markets

SEC approves binary options tied to company KPIs

The SEC approved binary options tied to company KPIs, allowing a securities exchange to list these cash-settled, European-style contracts as NMS securities.

Nadia Rahman · 2 hr ago
SEC approves binary options tied to company KPIs
Bitcoin

CFTC complaint cites BTC in alleged $950M Cash FX scheme

The CFTC has filed a complaint against Cash FX Group S.A. and others, alleging a $950 million Ponzi scheme that defrauded over 400,000 accounts, with less than 1% of funds directed to actual forex tra

Nadia Rahman · September 27, 2026
CFTC complaint cites [ticker BTC] in alleged $950M Cash FX scheme
Analysis

Kalshi’s sports contracts lose Sixth Circuit appeal

The Sixth Circuit ruled against Kalshi's sports contracts, deepening a circuit split on whether prediction markets are commodities or gambling, with Kalshi now losing two of three circuit decisions.

Marcus Feld · September 27, 2026
Kalshi’s sports contracts lose Sixth Circuit appeal