Washington and Crypto.com pause litigation, new federal bill targets wildfire markets, today in prediction market news LIVE

Today in prediction market news, we’re following fresh legal and regulatory developments, including Washington and Crypto.com agreeing to pause their litigation pending a Ninth Circuit ruling, Connecticut urging the Second Circuit to deny Kalshi interim relief, and a new federal bill seeking to ban prediction markets on wildfires.
We’re also tracking prediction market executives sitting out today’s White House meeting, questions surrounding Kalshi’s recently announced Catalist Sports partnership after related pages disappeared, and the latest developments across prediction markets, regulation, crypto, and sports event trading throughout the day.
The post Washington and Crypto.com pause litigation, new federal bill targets wildfire markets, today in prediction market news LIVE appeared first on ReadWrite.
Suswati Basu
Managing Editor
Suswati Basu is a multilingual, award-winning editor and the founder of the intersectional literature channel, How To Be Books. She was shortlisted for the Guardian Mary Stott Prize and longlisted for the Guardian International Development Journalism Award. With 18 years of experience in the media industry, Suswati has held significant roles such as head of audience and deputy editor for NationalWorld news, digital editor for Channel 4 News and ITV News. She has also contributed to the Guardian and received training at the BBC. As an audience, trends, and SEO specialist, she has participated in panel events alongside Google. Her…
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