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CFTC Withdraws Specialized Guidance On Cryptocurrency Derivatives
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March 31, 2025
CFTC Withdraws Specialized Guidance On Cryptocurrency Derivatives
By: Jake Gray
In step with the Securities and Exchange Commission’s (“SEC”) transformation from cryptocurrency adversary to ally, the Commodity Futures Trading Commission (“CFTC”) is now following its sister agency’s lead. By withdrawing its specialized guidance on digital currency derivatives, the CFTC signals a more accommodating regulatory approach that recognizes the growing maturity and mainstream acceptance of digital asset markets. As of March 28, 2025, both CFTC Staff Advisory No. 18-14 and the subsequent 2023 guidance, CFTC Staff Advisory No. 23-07 have been officially withdrawn, marking a clear departure from the agency’s previous cautionary stance.[1][2] What’s In the Advisories The CFTC’s first digital asset advisory, Letter No. 18-14, came in 2018 when digital asset derivatives products and their underlying spot markets were new,…
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Sweepstakes Issues Draw Focus at Next.io Summit
March 27, 2025
Sweepstakes Issues Draw Focus at Next.io Summit
By: Jordan Briggs
Social casinos were one of the many hot topics at the Next.io summit in New York March 12-13, so much so that they got their own well-attended summit on March 11. Generally, there are three types of online social casinos: social casinos with no option to purchase any plays; social casinos with the option to purchase plays and the only thing a user can win…
YouTube Fills Federal Policing Void on Gambling
March 17, 2025
YouTube Fills Federal Policing Void on Gambling
By: Sara Dalsheim
The ultimate inhibitor of the regulated gambling industry is the illegal ever-present offshore market. The regulated industry has been consistently asking for assistance from law enforcement to assist them in stamping out the illegal market – that, unlike the regulated industry, is not required to abide by any of the mechanisms that protect consumers. The federal government has failed to answer the call, so the…
Shaken to the Core
September 26, 2021
Shaken to the Core
By: James Trusty
This month in San Francisco, U.S. District Court Judge Yvonne Gonzalez Rogers ruled that Apple must stop forcing game developers to exclusively use its payment system in their app purchases. With the ruling, app developers can include a link or other advertisement to facilitate alternative ways of paying for each app. The suit was brought by Epic Games, the maker of the wildly popular game…
This Fall’s Sports Betting Lineup Could Include 5 New States
August 26, 2021
This Fall’s Sports Betting Lineup Could Include 5 New States
By: Sara Dalsheim
The sports wagering industry in the United States will be significantly expanded by the end of this year. This NFL season, fans in up to five new states may be able to legally bet on games from their own personal mobile device and/or desktop computer. Since the Supreme Court’s ruling in mid-2018 the legal sports betting market has taken off exponentially including the introduction of…
Arizona Provides Ancillary Suppliers with New Short Form Application
August 24, 2021
Arizona Provides Ancillary Suppliers with New Short Form Application
By: Sara Dalsheim
On the afternoon of Friday August 20, 2021, nearly three weeks prior to launch of legal event wagering in the state, the Arizona Department of Gaming (“Department”) announced the release of a new short form licensing application for ancillary suppliers. The form may be used by affiliates, geofence providers, identity verification service providers, independent test laboratories, integrity monitoring providers, marketing affiliates, and any other person…
Twitch Bans Casino Game Links in First Step Toward Improved Regulation of Gambling Content
August 13, 2021
Twitch Bans Casino Game Links in First Step Toward Improved Regulation of Gambling Content
By: Jacob Grubman
Video game streaming platform Twitch has issued a new rule prohibiting the sharing of links and referral codes to sites offering certain casino games, signaling an increased focus on a gambling streaming market that had caught fire in recent months. “To prevent harm and scams created by questionable gambling services that sponsor content on Twitch, we will prohibit sharing links and/or referral codes to sites…
How does a Supplier Register to Participate in CT iGaming and Sports Betting?
July 15, 2021
How does a Supplier Register to Participate in CT iGaming and Sports Betting?
By: Sara Dalsheim
Connecticut legalized sports betting this year and is hoping to launch in time for the 2021 NFL season. However, the registration process for operators and suppliers has yet to be set forth. The focus in Connecticut is largely on licensing fantasy operators in time for the 2021 NFL season. As a result of protests from players in the fantasy sports industry, Connecticut lawmakers added a…