DOJ, CFTC Probe $2.6B Oil Trades Before Trump and Iran Statements: Report

Key Takeaways Federal investigators are examining oil futures trades totaling more than $2.6 billion. Large bets preceded Iran-related updates that appeared to move global oil prices. Authorities are reviewing whether nonpublic information influenced the timing and scale. DOJ and CFTC Probe Oil Futures Bets Before Iran Updates The Department of Justice (DOJ) and Commodity Futures…

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Brickken Partners with ADI Foundation for MENA Asset Tokenization

Tokenization infrastructure provider Brickken and the ADI Foundation announced a partnership on April 29 to deploy institutional-grade infrastructure for real-world asset (RWA) tokenization on the ADI Chain. The collaboration aims to provide governments and financial institutions in the Middle East and North Africa (MENA) region with tools for the issuance and lifecycle management of digital…

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Prediction Market Fight Deepens as 40 States Push Back on CFTC

Key Takeaways States argued sports-related prediction markets function as wagers, not federally regulated derivatives. Kalshi court wins have raised the stakes for preemption in state gambling enforcement nationwide. Attorneys general warned CFTC oversight could weaken protections for addiction, integrity, and insiders. States Say Sports Markets Belong Under Gambling Oversight A multistate coalition sent an April…

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