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05:57

Kalshi Wins in New Jersey: Prediction Markets Get Federal Endorsement, Key Ruling in the Regulatory Authority Battle

American prediction market platform Kalshi made progress in its legal dispute with the state of New Jersey, as a court ruled that its contracts fall under federal regulation and are not gambling. The decision emphasized that the product meets the definition of a “swap transaction,” protecting Kalshi’s operations within the state. This case marks the first time a federal court has considered the legality of a prediction market, and increased attention will be paid to a unified regulatory framework going forward.
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01:47

The Ministry of State Security warns of risks from mnemonic-token scams, involving allegedly illegal financial activities such as stockpiling mnemonic tokens and off-exchange trading

The Ministry of State Security issued a notice warning of the risks of “token scams,” stating that hoarding tokens and off-exchange trading may involve illegal financial activities that endanger national security. It emphasizes the need to guard against risks such as data leakage, forgery, and fraud, and reminds the public to view tokens rationally while strengthening awareness of information and privacy security.
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09:31

The Cyberspace Administration of China is soliciting public comments on the “Administrative Measures for the Information Services of Digital Virtual Humans”

Gate News message, April 4, the Cyberspace Administration of China released a notice on publicly soliciting comments on the draft of the Measures for the Administration of Information Services for Digital Virtual Humans. The Measures state that starting from the provision of digital virtual human services, service providers of digital virtual human services, service users, and service providers that provide online information content dissemination services shall, throughout the entire process, continuously display prominent warning signage containing the wording "digital human" in the digital virtual human display area, and shall comply with the regulations regarding signage for state-made artificial intelligence generated synthetic content. (Xinhua News Agency)
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07:11

Gold Plunges 12% in March—The Real Story Behind the Drop: Leverage Collapse and Central Bank Moves Spark Market Turmoil

In March 2026, gold prices saw a sharp 12% pullback, prompting the market to reassess its structural risks. Goldman Sachs analysts said that trading was driven by margin imbalances and intensifying geopolitical conflicts, leading traders to close positions and sell off gold. Despite increased short-term volatility, institutions remain optimistic about gold’s medium- to long-term outlook, forecasting that the price could reach $5,400 by year-end. Future trends will be influenced by the strength of the U.S. dollar and the state of the global economy.
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01:21

US: The CFTC sues Arizona, Connecticut, and Illinois, arguing it has exclusive jurisdiction over prediction markets

The U.S. Commodity Futures Trading Commission (CFTC) filed a lawsuit on April 3 against Arizona, Connecticut, and Illinois, reaffirming its exclusive jurisdiction over event contracts and prediction markets, and seeking to have federal courts bar state-level interference with prediction market activities that comply with federal regulations.
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