Charles Schwab is working with Cboe to launch S&P 500 'yes-or-no' binary options contracts: WSJ
The binary contracts would mark the brokerage's first move into prediction-market-style products, a sector that Kalshi and Polymarket already dominate.
Charles Schwab Planning to Roll Out S&P 500 Prediction Markets With Cboe: WSJ
Global financial institution Charles Schwab is the latest firm hoping to steal a piece of the growing prediction market pie.
Casinos, Tribes, and Unions Urge Senate to Ban Sports Betting From the Clarity Act
A coalition of more than 50 gaming associations, tribal governments, and labor unions submitted a letter to the Senate on June 16, demanding that the Digital Asset Market Clarity Act include explicit language banning prediction markets from offering…
Citigroup to offer tokenized shares of private companies for wealthy and institutional clients: WSJ
Citigroup is rolling out tokenized shares of private companies on blockchain for wealth and institutional clients.
Binance Disputes WSJ Report on Alleged Iran‑Linked Transactions
Binance CEO Richard Teng publicly rejected a Wall Street Journal report alleging that Iranian financier Babak Zanjani used Binance as part of a payment network tied to Iran‑linked financing. The WSJ reported that the network processed roughly $850…