Sentiment: Positive
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New York targets crypto with new $3.4B fines as perpetual futures turn prediction apps into nonstop leverage casinos
By Oluwapelumi Adejumo at 2026-05-07 21:12
Sentiment: Positive
New York’s latest $3.4 billion legal barrage against crypto firms lands just as prediction platforms rush into perpetual futures, turning one-off political bets into 24/7 leveraged trading. That pivot could decide whether these apps are treated as useful risk-hedging tools or shut down as unlicensed casinos. Top prediction market platforms, including Kalshi and Polymarket, are […] The post New York targets crypto with new $3.4B fines as perpetual futures turn prediction apps into nonstop leverage casinos appeared first on CryptoSlate. Continue reading...
Categories: Culture
Tags: #Culture #DEX #Featured #Regulation #Technology #TradFi #Trading #Kalshi #Polymarket
Source CryptoSlate