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SIREN Crypto Risks ‘Structural Correction’ After 150% Surge to All-Time High

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SIREN Crypto Risks ‘Structural Correction’ After 150% Surge to All-Time High

Siren crypto (SIREN) just ripped 156% to a new all-time high of $3 driven by the exploding AI Agents narrative. But the rally is showing immediate signs of exhaustion.

A massive bearish divergence on the Money Flow Index (MFI) suggests the top is in, and a $22 million liquidation event has left leverage traders exposed to a sharp reversal.

The token outperformed Bitcoin by over 80% in the last 24 hours. Yet, the on-chain data presents a clear warning: volume is thinning on the way up. The breakdown is confirmed until price proves otherwise.

Key Takeaways
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  • Rally: SIREN hit an ATH of $3.00 after a 156% daily surge.
  • Signal: MFI spiked to 82.96, a level that has triggered three prior corrections.
  • Support: Bulls must hold the $2.07 level to prevent a drop to $1.50.

SIREN Price Analysis: Can SIREN Hold $2.07 Support After the ATH Breakout?

The chart structure is screaming caution despite the parabolic move. The Money Flow Index (MFI) is currently pegged at 82.96. Historically, this is the kill zone for SIREN rallies. Vertical lines on the daily chart mark February 7, February 27, and March 15—every time the MFI breached the 80 threshold, price collapsed shortly after.

The $3.00 high triggered a sharp rejection, validating the bearish thesis. The Chaikin Money Flow (CMF) printed a lower high of 0.14 while price made a higher high. This implies a (Price Correction) is imminent, as capital is leaving even as price pushes up.

Source: SIRENUSD / TradingView

Structure is fragile here. Traders are watching the $2.07 level closely. Lose that, and the 38.2% retracement level comes into play quickly.

A breakdown below $2.00 opens the path to $1.50. This aligns with risks seen elsewhere, such as recent whale shorting activity on Bitcoin, which often precedes altcoin weakness. The only path higher requires a daily close above $2.60 to invalidate the divergence. Until then, the bears are in control.

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What to Expect From This Week’s House Committee Hearing on Tokenization

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What to Expect From This Week’s House Committee Hearing on Tokenization

The House Financial Services Committee meets Wednesday to decide the future of Wall Street’s backend. Lawmakers will question executives from Nasdaq, DTCC, and the Blockchain Association on how to move trillions in securities onto blockchain rails.

The hearing marks a critical pivot from “crypto as casino” to “crypto as infrastructure.”

Chair French Hill (AR-02) convenes the session at 10:00 AM ET in the Rayburn House Office Building. The focus is specific: determining if current securities laws are strangling the efficiency of tokenized assets.

The committee is looking for a way to let regulated firms use blockchain records without triggering an SEC enforcement action. The testimony delivered here will shape the bipartisan legislation expected later this spring.

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Key Takeaways
  • Legislative Scope: The hearing reviews two draft bills: one mandating a joint SEC-CFTC study on tokenized products, and another allowing regulated firms to maintain blockchain-based records.
  • Institutional Weight: Witnesses include top brass from Nasdaq, DTCC, and SIFMA, signaling that traditional finance—not just crypto natives—is driving the pressure for regulatory clarity.
  • Market Impact: Successful legislation would greenlight pilot programs for tokenized stocks and bonds, moving Real World Assets (RWAs) from experimental sandboxes to institutional balance sheets.

Tokenization and the Future of Securities: What the Hearing Covers

The hearing has a name: “Tokenization and the Future of Securities: Modernizing Our Capital Markets.”

The witness list means business. Kenneth Bentsen Jr. of SIFMA, Summer Mersinger of the Blockchain Association, Christian Sabella of the DTCC, and John Zecca of Nasdaq. The architects of traditional market plumbing and the builders of new rails, sitting at the same table.

Two draft bills are on the agenda. The Modernizing Markets Through Tokenization Act forces the SEC and CFTC to stop fighting over jurisdiction and conduct a joint study on tokenized derivatives. The Capital Markets Technology Modernization Act goes further, codifying the ability of broker-dealers to use blockchain for record-keeping.

This comes one week after the SEC and CFTC signed a coordination pact. Regulators are aligning just as Congress moves to open the field.

The signal flare for Real World Assets is lit.

Projects have been stuck in pilot phases for one reason: legal settlement finality on a blockchain is still a gray area. Advance the Modernization Act and banks get the legal cover they need to scale tokenized treasuries and bonds. Institutional appetite is already there. Tokenized securities are the logical next step.

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Compliance is where it gets messy. The SEC says tokenized assets are securities first, technology second. The industry says applying 1940s paper-based rules to instantaneous ledger settlements makes no sense. That fight is front and center Wednesday.

The stablecoin angle is indirect but impossible to ignore. Tokenized securities need a cash leg for settlement. That means a wholesale CBDC or a regulated stablecoin. Push hard enough on on-chain securities and stablecoin legislation gets dragged along with it.

One bill pulls the other.

What to Watch When the Hearing Opens

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Watch Chair French Hill’s line of questioning.

If he pushes witnesses on specific bottlenecks in SEC Rule 15c3-3, the Committee is ready to legislate now. Vague questions about innovation mean they are not.

The interaction between the Blockchain Association’s Summer Mersinger and traditional finance witnesses matters just as much. A united front between Web3 advocates and SIFMA and Nasdaq puts real pressure on the SEC. If they split, with TradFi pushing private permissioned chains while crypto advocates want public mainnets, the regulatory path fractures. The DTCC’s testimony is the wildcard. They control the current settlement layer. If they validate blockchain’s efficiency, the argument is effectively over.

Timeline is everything. A successful hearing sets up a markup by late April. No consensus pushes real change into late 2026, while Singapore and the UK keep moving.

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The infrastructure is ready. The banks are ready. Wednesday decides if regulation gets out of the way.

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Trump SEC Overhaul Fuels Oversight Debate Over Family Crypto Conflicts

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US financial regulators just rewrote the rulebook. On Tuesday, the SEC and CFTC released joint guidelines classifying the vast majority of digital assets as commodities or “digital tools,” stripping the SEC of its previous enforcement-heavy oversight role.

The move immediately fueled conflict-of-interest allegations regarding World Liberty Financial, the DeFi project controlled by the Trump family.

Key Takeaways:
  • Token Taxonomy: New SEC-CFTC guidelines classify most crypto assets as commodities, exempting them from securities registration.
  • Conflict Concerns: Insiders argue the shift directly benefits World Liberty Financial by reducing disclosure burdens for the Trump family project.
  • Legislative Bridge: Chair Paul Atkins frames the rules as a temporary measure while Congress stalls on the Digital Asset Market Clarity Act.

The Mechanics of the ‘Token Taxonomy’ Shift Explained

SEC Chair Paul Atkins calls it a “token taxonomy.” The market calls it a total reversal. Speaking at the Blockchain Summit in DC, Atkins confirmed the regulator is “not the ‘securities and everything commission’ anymore.”

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The new joint guidelines with the CFTC explicitly categorize most digital assets—including payment tokens, collectibles, and utility assets—as distinct from securities.

This creates a massive regulatory moat. Under the previous administration, these assets faced existential legal threats for failing to register.

Now, they are officially deemed “digital tools.” Only direct blockchain-based representations of existing securities, such as tokenized stocks and bonds, remain under the strict purview of the SEC. This is the operational rollout of the regulation philosophy Atkins promised: innovation first, enforcement second.

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The timing is critical. While the administration pushes for the Digital Asset Market Clarity Act, the legislation remains stalled in Congress due to disputes over stablecoin interest provisions. Atkins is not waiting for the vote.

By issuing these guidelines now, agencies are creating a provisional safe harbor that mimics the Act’s intended structure without requiring legislative approval. The agencies frame this as a “bridge” to provide certainty, but it effectively sidelines the stricter oversight mandates that defined the Gensler era.

Does the New Framework Shield Family Interests?

The policy shift creates an immediate governance paradox. Market insiders note that the primary beneficiary of this deregulated environment is likely World Liberty Financial, the lending protocol launched by the Trump family.

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Under the Biden-era interpretation, project insiders faced strict lockup periods and heavy disclosure requirements. The new “digital tool” classification effectively bypasses those hurdles.

Todd Baker, a senior fellow at Columbia Law School, argues the framework is tailored to facilitate “profit-making but socially valueless” trading free from federal oversight.

The contrast with recent history is sharp. Just months prior, the industry was navigating heavy litigation, such as cases where Gemini was sued over its internal governance and strategy shifts.

The new rules likely preclude similar enforcement actions against projects like World Liberty Financial, provided they do not tokenize existing securities.

Critics argue this creates a two-tier system where connected projects gain faster access to liquidity. However, supporters like The Digital Chamber’s Cody Carbone see it as a necessary correction to keep the US competitive.

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With other jurisdictions vacillating, South Korea is still debating the total abolition of crypto taxes to prevent capital flight, the US is moving aggressively to cement its status as the global crypto capital. Summer Mersinger of the Blockchain Association framed the coordination as helpful in the “near term,” but the conflict of interest questions remain the headline.

The agencies have built their bridge, but it leads to a political minefield. Rules can be rewritten by the next chair; only legislation provides cement. Until the Clarity Act clears Congress, the market is trading on administrative permission, not law.

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HBAR price gains amid crypto uptick: where’s the major resistance?

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Hedera HBAR Price
Hedera HBAR Price
  • HBAR rose to above 0.095 as crypto sentiment improved following recent macro‑driven swings.
  • The $0.13-$0.15 zone could be a major resistance region for bulls.
  • Hedera price must reclaim and hold above $0.10 to confirm a potential trend reversal.

Hedera (HBAR) price jumped more than 5% in 24 hours as cryptocurrency markets flipped green, with bulls eyeing momentum amid optimism that the US-Iran war could end soon.

But as Hedera’s native token targets a breakout above the $0.10 mark, what resistance cluster is likely to derail buyers? The technical chart provides the outlook.

Here’s why HBAR price rose, testing a key level

Hedera’s HBAR rose to intraday highs near $0.095 on Monday as Bitcoin and the broader market reacted to geopolitical developments.

The move followed comments from Donald Trump suggesting easing tensions with Iran, which helped lift sentiment across risk assets.

Bitcoin climbed above $71,000 during the session, while BNB also moved higher toward $650, supporting gains in altcoins.

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Despite the initial relief, underlying uncertainty remains. Ongoing tensions linked to the Iran conflict and broader macroeconomic headwinds continue to limit upside across the crypto market.

Adding to the uncertainty, reports cited Iranian state media disputing Trump’s claims, stating that no negotiations are underway and rejecting his remarks.

Against this backdrop, HBAR’s near-term direction remains tied to broader market movements.

A renewed decline in Bitcoin could push the token back below the $0.09 level.

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On the other hand, sustained buying above current levels could open the door for further short-term gains, with a key resistance zone likely to define the next move.

Hedera price forecast: can bulls extend rally?

Analysts tracking Hedera highlight $0.10 as a key near-term pivot, with potential upside targets in the $0.13–$0.15 range.

This zone has recently acted as a ceiling for price advances, capping bullish attempts.

A sustained move higher would require HBAR to break above the 50-day exponential moving average near $0.098 and the 100-day EMA around $0.11.

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Clearing these levels would bring the token toward a primary resistance area near the 200-day EMA, around $0.13, which has marked recent rejection points.

Previous attempts to push higher have struggled to hold gains beyond the $0.15 level.

At present, HBAR is retesting the middle band of the Bollinger Bands on the daily chart.

The bands are tightening, indicating reduced volatility and suggesting that a breakout may be approaching, although confirmation is still needed.

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Hedera HBAR Price

Hedera HBAR chart by TradingViewFailure to clear this zone could see HBAR revert into a consolidation corridor within a long-term downward channel.

Conditions across the market could then mean an extended sideways action before clarity from macro or fundamentals becomes the next upside catalyst.

Bears may eye $0.07 and $0.06 as major support levels.

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Shibarium Begins Major Reindexing After Server Migration

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Brian Armstrong's Bold Prediction: AI Agents Will Soon Dominate Global Financial

TLDR

  • Shibizens confirmed that Shibarium completed a major server migration and full chain reindexing in the past 30 days.
  • The Shibarium explorer is about 45% synchronized as it rebuilds its database from scratch.
  • Displayed explorer data shows fewer blocks, transactions, and wallets due to incomplete indexing.
  • Actual on-chain data exceeds 14 million blocks and 1.56 billion transactions.
  • The real wallet count stands above 270 million addresses despite lower visible figures.

Shibizens reported a 30-day infrastructure overhaul across Shibarium systems. The update confirms a server migration and a full chain re-indexing process. The team clarified that the changes reflect upgrades rather than network slowdown.

Shibarium Infrastructure Rebuild and Explorer Reindexing

Shibizens stated that Shibarium completed a major server migration during the last 30 days. The team also initiated a full chain re-indexing to strengthen system capacity. They explained that the process rebuilds the explorer database from scratch. As a result, synchronization now stands near 45%. However, the explorer currently shows partial on-chain data. Shibizens stressed that this reflects indexing progress rather than missing blockchain records.

The group addressed visible discrepancies on the Shibarium explorer. Displayed data lists about 2.4 million blocks and 168 million transactions. In contrast, actual records exceed 14 million blocks and 1.56 billion transactions. Wallet data also differs across reports. The explorer shows about five million addresses, while real figures exceed 270 million addresses. Shibizens attributed the gap to incomplete indexing across nodes.

Shibizens stated that only 51% of blocks remain indexed. They cited Shibariumscan and Shibburn data to support the figure. They explained that indexing delays affect visible balances and NFT displays. However, they confirmed that on-chain assets remain intact. “Shibarium is not lagging,” Shibizens said. They added, “It is rebuilding at scale for what’s coming next.”

The team emphasized that token visibility depends on explorer synchronization. Therefore, some wallets may not reflect full holdings. They clarified that blockchain records remain unchanged during migration. They also confirmed that block production continues normally. Current block time averages about five seconds. The network continues processing transactions without interruption.

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Layer 3 Focus Expands Across Puppynet and SHIB Ecosystem

Shibizens reported that the development focus now shifts toward Layer 3. The team referenced Shib Alpha and ShibClaw within the roadmap. They indicated that testing efforts now concentrate on advanced scaling layers. Meanwhile, Puppynet continues to operate as Shibarium’s testnet. The team confirmed that AI-driven automated contract activity is increasing. However, block time stability remains steady at five seconds.

Over the weekend, Woofswap confirmed that Shibarium L3 remains under active testing. The participant shared limited details regarding technical specifications. Shibizens also confirmed that a new L3 explorer went live on March 21. The launch supports early testing and monitoring functions. They described the rollout as part of the broader infrastructure buildout.

Puppynet continues recording automated contract interactions across its network. Developers monitor activity patterns and test smart contract deployments. The testnet supports validation before mainnet integration. Shibizens reiterated that infrastructure upgrades support future expansion.

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SEC’s crypto interpretation heads to White House for policy scrutiny

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Crypto Breaking News

The U.S. Securities and Exchange Commission is advancing its framework to reinterpret how federal securities laws apply to crypto assets, moving two proposed rules to the White House for review. The centerpiece is an interpretive notice that could narrow the jurisdiction of federal securities laws over many digital assets, signaling a potential regulatory shift while the White House weighs the plan.

Regulatory records show the SEC submitted the two proposals to the Office of Management and Budget for review on a recent Friday, with one item explicitly detailing which digital assets the agency might deem securities under federal law. As of Monday, the record listed the package as “pending review” by the White House, a status that could influence both enforcement and regulatory posture depending on the administration’s assessment.

Key takeaways

  • The SEC forwarded two proposed rules to the White House Office of Management and Budget, including an interpretive notice on what digital assets could be securities.
  • Chair Jay (Paul) Atkins signaled last week that the agency would not treat four asset classes as securities: digital commodities, digital tools, digital collectibles (NFTs), and stablecoins, while offering a cohesive token taxonomy for these types.
  • The interpretive framework aims to clarify when a “non-security crypto asset” might qualify as an investment contract, providing regulatory guidance ahead of any potential congressional action.
  • The move follows a memorandum of understanding with the CFTC, underscoring growing cross-agency coordination as lawmakers consider a broader market-structure bill for digital assets.

SEC interpretive move and what it could mean for crypto regulation

The SEC’s latest step appears to aim at providing a more coherent framework for determining when a crypto asset falls under securities laws. In a notice released last week, Chair Atkins indicated that digital commodities, digital tools, digital collectibles—including non-fungible tokens—and stablecoins would not be treated as securities under the agency’s purview. The interpretive notice is described as establishing a “coherent token taxonomy” for these asset classes and addressing how a non-security crypto asset may or may not be considered an investment contract under the Howey test.

If finalized, the interpretive rule could serve as a bridge to crypto regulation while Congress debates a more comprehensive market-structure bill to bring clear, unified rules to the sector. The AML-style approach would aim to reduce regulatory ambiguity and potentially recalibrate how exchanges, custodians, and developers operate in the interim. The policy aligns with the agency’s recent collaboration with the CFTC, highlighted by a Memorandum of Understanding signed earlier this month to clarify jurisdictional boundaries and regulatory expectations in the crypto markets.

Regulators and market participants have long sought a stable, forward-looking framework that reduces uncertainty around whether a given token is a security. The SEC’s proposed taxonomy is meant to outline how different digital asset types should be treated, and crucially, when assets may still be subject to investment contract analysis even if they fall outside the securities umbrella. The White House review stage is a critical gate: a positive outcome could accelerate regulatory alignment, while a protracted or revised review could push the timetable for broader legislative action.

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Broader policy momentum: White House talks, stablecoins, and the CLARITY Act

Beyond the White House review, the crypto policy landscape continues to evolve at the congressional level. Politico reported on Friday that White House officials and lawmakers had reached an agreement in principle on some aspects of the crypto regime, including stablecoin yield considerations that could shape the market-structure bill’s trajectory in the Senate Banking Committee. However, the committee indefinitely postponed its markup of the bill in January after Coinbase CEO Brian Armstrong expressed public concerns about the legislation as written, underscoring the political sensitivity surrounding crypto regulation.

As of Monday, there had been no public announcement of a new date for the markup. Senate leadership outlined a workflow prioritizing other legislation, such as the SAVE America Act, before returning to bipartisan crypto debate. Senate Republicans and allies have signaled continued interest in a structured approach to digital assets, but the path remains contingent on both legislative negotiation and regulatory clarity from agencies like the SEC and the CFTC.

The ongoing discussions touch on the CLARITY Act, a proposed framework intended to clarify crypto markets and stablecoins under a market-structure agenda. The interagency dynamics—between the SEC’s jurisdictional interpretations, the CFTC’s role in cash and derivative markets, and congressional arbitration—will shape how quickly a final, enforceable regime can take effect, and what form it will take for issuers, exchanges, and users alike.

Investors and builders should watch two interlinked developments: the White House’s decision on the SEC’s interpretive rules and the progress (or stall) of the market-structure bill in Congress. While a regulatory pathway for many digital assets could reduce policy risk, it could also introduce new compliance obligations, particularly for entities operating in the cross-border or custody-heavy segments of the market. The tension between advancing a broad framework and accommodating industry concerns is likely to persist as lawmakers seek to balance investor protection with innovation.

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As the regulatory clock ticks, participants should monitor the White House’s review timeline, the final content of the interpretive notice, and any updates to the market-structure bill’s language—especially provisions around stablecoins and collateral use. The next few weeks could reveal whether the administration’s review will accelerate clarity or reveal remaining ambiguities that require legislative refinement.

What remains uncertain is how quickly the White House completes its review and whether Congress will greenlight a comprehensive framework on digital assets in the near term. For market participants, the key question is whether the unfolding process will reduce regulatory surprise or introduce new interpretive wrinkles that alter how tokens are categorized and traded.

Readers should keep an eye on updates from RegInfo.gov and official agency notices, as well as any new statements from Senators and regulatory staff about the CLARITY Act and related crypto amendments. The evolving stance from the White House and Congress will continue to shape the baseline for crypto regulatory risk, guiding how exchanges structure listings, how issuers approach token design, and how traders price risk in a landscape that remains in flux.

Investors and industry watchers should stay tuned to forthcoming White House feedback on the SEC’s proposals, the pace of the Senate Banking Committee’s work, and further clarity on how the CFTC and SEC will coordinate enforcement and policy in the months ahead.

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Senators to Introduce Bill to Ban Sports Betting on Prediction Markets

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Senators to Introduce Bill to Ban Sports Betting on Prediction Markets

US Senators Adam Schiff and John Curtis are expected to introduce a bipartisan bill on Monday that would bar sports betting and “casino-style” contracts from prediction markets regulated by the Commodity Futures Trading Commission (CFTC), according to a Monday Wall Street Journal report.

“Too many young people in Utah are getting exposed to addictive sports betting and casino-style gaming contracts that belong under state control, not under federal regulators,” Senator Curtis, one of the bill’s co-sponsors, told the WSJ.

If introduced as reported, the measure would add to a widening Washington push against certain prediction market contracts. The report adds to the growing regulatory scrutiny over prediction markets, following renewed insider trading concerns sparked by the US-Israeli war with Iran.

On March 10, Schiff introduced the DEATH BETS Act, a bill seeking to prohibit CFTC-regulated prediction markets from listing contracts tied to war, terrorism, assassination and individual death.

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Related: Prediction markets boom on Iran bets as Congress eyes ban

Sports markets drive trading volume

Sports betting is a leading source of trading activity on prediction market platforms. Sports-related contracts accounted for 47.7% of Polymarket’s weekly notional volume and 78.8% for Kalshi last week, according to Dune data.

Sports betting generated $1.2 billion in weekly notional trading volume for Polymarket and $2.6 billion for Kalshi.

Polymarket, Kalshi, weekly notional volume by category. Source: Dune

State and federal lines blur

The regulatory pressure has also intensified outside Congress. On March 12, the CFTC  issued a staff advisory classifying event contracts on prediction markets as a “financial asset class.”

The commodities regulator also submitted an Advanced Notice of Proposed Rulemaking, asking for public feedback on how the Commodity Exchange Act (CEA) would apply to prediction markets. Polymarket and Kalshi are regulated by the CFTC as Designated Contract Markets (DCM).

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Related: Kalshi, Polymarket face trading halt in Nevada after court rulings

While CFTC Chair Michael Selig claimed the CFTC had “exclusive jurisdiction” over prediction markets, an Ohio judge tested that claim in a March 9 ruling, saying that Kalshi had failed to show the CEA “would necessarily preempt Ohio’s sports gambling laws,” or that these sports betting contracts would fall under the “exclusive jurisdiction” of the CFTC.

On Friday, a Nevada judge temporarily blocked Kalshi from offering sports, election and entertainment event contracts in the state for 14 days, finding regulators were reasonably likely to succeed in arguing the markets violated Nevada gambling law.

Cointelegraph approached the senators for comment and a copy of the draft bill.

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Magazine: Inside a 30,000 phone bot farm stealing crypto airdrops from real users