Kalshi US election betting live after court win
Betting on US political outcomes is permitted for the first time weeks ahead of the November presidential election.
Betting on US political outcomes is permitted for the first time weeks ahead of the November presidential election.
Institutional interest and economic uncertainty are driving forces behind the accelerated global adoption of cryptocurrencies, according to a report from MatrixPort.
While some say that prediction markets are a risk to democracy, others think they could serve the public by offering valuable insights and risk management tools.
Crypto.com and 21.co have partnered to improve Bitcoin liquidity for 21BTC, targeting the Ethereum and Solana ecosystems.
A Worldcoin executive said the company sees a “larger dynamic” in non-European countries, including those in the Asia-Pacific and Latin America regions.
The World Economic Forum recommended using regulatory sandboxes to foster decentralized finance innovation while mitigating risks.
The G7 nations want to ensure AI isn’t used to facilitate "collusion” between AI firms that could lead to forming a monopoly.
EUR/USD suffered a blow Monday as the winds of political uncertainty made a swift reappearance on the continent, encouraging further calls of more pain ahead for...
According to Jin10, multiple Federal Reserve officials are scheduled to deliver speeches in the coming week, and the Consumer Price Index (CPI) data may support slowing the pace of interest rate cuts. Investors will focus on the Federal Reserve's meeting minutes, U.S. September inflation data, and other key events. Here are the macroeconomic highlights that the market will closely watch in the new week (all times are in UTC+0):Wednesday, October 116:00 PM: The Federal Reserve releases its monetary policy meeting minutes.Thursday, October 1212:30 PM: Release of the U.S. September Consumer Price Index (CPI) year-over-year and month-over-month data.12:30 PM: Release of the U.S. Initial Jobless Claims for the week ending October 7.Friday, October 1312:30 PM: Release of the U.S. September Producer Price Index (PPI) year-over-year and month-over-month data.2:00 PM: Release of the preliminary University of Michigan Consumer Sentiment Index for October.
According to Cointelegraph, the United Arab Emirates (UAE) has introduced amendments to its value-added tax (VAT) regulations, exempting transfers and conversions of digital assets, including cryptocurrencies. The UAE’s Federal Tax Authority (FTA) published these changes on October 2, with the new rules also covering VAT exemptions for managing investment funds and other virtual asset services. These exemptions will be applied retrospectively from January 1, 2018, as noted by business consultancy PwC.PwC explained that in the UAE, virtual assets are defined as representations of value that can be digitally traded or converted and used for investment purposes, excluding fiat currencies and financial securities. The auditing firm advised businesses dealing with virtual assets to review their retrospective VAT positions and pay special attention to input tax recovery. UAE-based bookkeeping and tax company Finanshels highlighted that input VAT recovery allows registered businesses to claim back VAT paid on eligible business purchases. PwC also mentioned that correcting historic returns might require voluntary disclosures from virtual asset companies.In addition to VAT exemptions, the UAE has been enhancing its regulations on virtual assets. On September 9, Dubai’s Virtual Asset Regulatory Authority (VARA) and the Securities and Commodities Authority (SCA), the UAE’s federal financial agency, agreed to mutually supervise virtual asset service providers (VASPs). This agreement allows VASPs operating in Dubai to acquire a license from VARA and service the wider UAE by being registered with the SCA by default. Furthermore, VARA has tightened its rules on crypto marketing. On September 26, the regulator mandated that firms promoting digital asset investments include a prominent disclaimer stating that virtual assets may lose their value in full or in part and are subject to extreme volatility.