Summary of US appeals court greenlights election prediction markets

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/01924e23-6931-756f-ad00-88fb3ec9af89

The source article:

nostr:nevent1qqsvt3ycggj2duy5fwrvaerrtrun3vc9sq8tdlzz9k0mra9qldwf3gszypf29al0xju9evny2yc4hck4tsnxkyu3jjggztd9plhfz0u0076xcqcyqqqqqqgedfxrk

Despite opposition from regulators, a US federal appeals court has greenlighted Kalshi, a derivatives exchange, to list event contracts tied to US election outcomes. This paves the way for election prediction markets, including Web3 platforms such as Polymarket, to operate in the US.

Summary of Kraken to end Monero support in European Economic Area

https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/01924cdf-3915-7ea5-ba3b-a2be7ccf3ccc

The source article:

nostr:nevent1qqsprr79qenhgmq8s57snpuhrpfex3f4vpnl5y0kjdc4vxm6459jt5qzypf29al0xju9evny2yc4hck4tsnxkyu3jjggztd9plhfz0u0076xcqcyqqqqqqghawhec

Kraken has announced that it will stop trading and deposits for Monero in the European Economic Area from October 31, 2024, citing regulatory and compliance obligations. The exchange will convert any remaining tokens into Bitcoin if users do not withdraw them by December 31, 2024. This decision follows regulatory developments in the European Union prohibiting the use of privacy-focused tokens like Monero.