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Image: crypto.newsFederal Judge Denies CFTC’s Bid to Block Wisconsin Gambling Laws Against Prediction Markets
A federal judge in Wisconsin has denied the Commodity Futures Trading Commission’s (CFTC) request for a preliminary injunction to prevent the state from enforcing its gambling laws against federally regulated prediction market platforms. The ruling, reported by crypto.news and not officially confirmed, means Wisconsin can pursue legal action against platforms such as Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase for allegedly offering unlicensed sports betting. The CFTC intends to appeal, but the decision highlights ongoing uncertainty regarding the interplay between federal and state regulation of prediction markets.
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crypto.newsFederal Judge Denies CFTC’s Bid to Block Wisconsin Gambling Laws Against Prediction Markets
A federal judge in Wisconsin has denied the Commodity Futures Trading Commission’s (CFTC) request for a preliminary injunction to prevent the state from enforcing its gambling laws against federally regulated prediction market platforms. The ruling, reported by crypto.news and not officially confirmed, means Wisconsin can pursue legal action against platforms such as Kalshi, Polymarket, Crypto.com, Robinhood, and Coinbase for allegedly offering unlicensed sports betting. The CFTC intends to appeal, but the decision highlights ongoing uncertainty regarding the interplay between federal and state regulation of prediction markets.
crypto.newsOSL Digital Securities Launches XRP Retail Trading in Hong Kong: Regulated Access Expands
According to crypto.news, OSL Digital Securities has launched XRP retail trading in Hong Kong, becoming the first SFC-licensed platform to offer direct spot access to XRP for retail investors. This development creates a regulated fiat on-ramp for local users, while US lawmakers continue debating federal crypto market rules. The report is not officially confirmed and is based on media coverage, with no first-party or regulatory verification.
crypto.newsHungary Repeals Crypto Validator Rule to Align with MiCA Framework
Hungary has repealed its mandatory cryptocurrency validator requirement, as reported by crypto.news, following a parliamentary vote. This move, not officially confirmed by government or first-party sources, aims to align Hungary’s crypto regulations with the European Union’s Markets in Crypto-Assets (MiCA) framework. The repeal is expected to facilitate the restoration of services by crypto firms such as CoinCash, which has reportedly received Hungary’s first MiCA license. The previous framework had imposed strict compliance and criminal penalties, leading to reduced trading activity and the withdrawal of several companies from the Hungarian market. The reported changes are intended to support market recovery and regulatory harmonization, but official confirmation is still pending.
crypto.newsUzbekistan's Beshkala Mining Valley: Reported Regulatory Framework and Incentives for Crypto Mining
According to crypto.news, Uzbekistan has reportedly established the Beshkala Mining Valley across Karakalpakstan, introducing tax exemptions, expanded energy options, and a dedicated regulatory framework to attract licensed crypto mining companies. The initiative, under a presidential resolution effective April 20, is not officially confirmed and aims to integrate mining operations with regional development plans. Licensed miners are required to keep proceeds within Uzbek banks and operate under state supervision. The reported framework offers flexibility in energy sources and financial incentives, but remains unverified by official sources.
crypto.newsNexo’s EU Services Remain Active via MiCA-Licensed Partners: Reported Arrangement Not Officially Confirmed
According to crypto.news, Nexo has stated its European Economic Area (EEA) services continue to operate through MiCA-licensed partners Tangany and DLT Finance, with lending and rewards products remaining outside these authorisations. This arrangement, as reported, is not officially confirmed and relies on regulated German partners for custody and brokerage. The report highlights the division of regulated and unregulated services, the impact of MiCA’s transition deadline, and the potential for similar partner-led models in Europe. Customers are advised to verify the legal entities and terms governing each product, as protections may differ.
crypto.newsBinance Co-Founder CZ Advocates ASEAN Crypto License Passport: Not Officially Confirmed
Binance co-founder Changpeng Zhao (CZ) publicly supported the idea of an ASEAN crypto license passport at the ASEAN Tech Summit Manila 2026, aiming to simplify regional licensing for crypto firms. According to crypto.news, the proposal would allow companies licensed in one ASEAN country to seek streamlined approval in others, reducing repeated applications. However, no formal framework, timetable, or official confirmation exists, and national regulators retain authority. The report is not officially confirmed.