US Top News and Analysis | Gemini sets sights on derivatives expansion after winning key U.S. regulatory approval

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Gemini has received approval from the U.S. Commodity Futures Trading Commission to operate its own regulated derivatives clearinghouse, allowing the crypto exchange to clear and settle trades in‑house and giving it greater control as it expands into prediction markets and perpetual futures. Co‑founder Cameron Winklevoss said owning the full marketplace “is powerful,” enabling faster, more responsive products and positioning prediction markets as a potential long‑term growth engine comparable to traditional capital markets. The clearance comes amid a lawsuit by New York’s attorney general over the classification of Gemini’s prediction‑market products and follows a steep post‑IPO decline that has seen the stock tumble from its debut high, prompting investor scrutiny over losses, executive turnover and a strategic shift toward AI‑driven trading and broader asset offerings such as equities. Industry peers like Robinhood and Coinbase are also moving into prediction markets, highlighting a sector‑wide push toward derivatives that can provide steadier revenue than spot crypto trading.

Read more: https://www.cnbc.com/2026/04/30/gemini-sets-sights-on-derivatives-expansion-after-winning-key-us-regulatory-approval.html

#Gemini #CFTC #CameronWinklevoss #LetitiaJames

US Top News and Analysis | New York sues Coinbase, Gemini Titan; calls their prediction markets illegal gambling

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New York Attorney General Letitia James sued Coinbase Financial Markets and Gemini Titan, alleging that their prediction‑market platforms operate without the required New York State Gaming Commission license and thus violate state gambling laws because users bet on outcomes such as sports events and elections—activities the state defines as games of chance. The complaint also says the firms allow 18‑ to 20‑year‑olds to wager, contrary to the legal minimum age of 21 for mobile sports betting. James is seeking repayment of illegal profits, civil fines equal to three times those profits, restitution for customers, a ban on under‑21 wagering, and a prohibition on marketing the platforms on college campuses.

Read more: https://www.cnbc.com/2026/04/21/new-york-sues-coinbase-gemini-titan-calls-their-prediction-markets-illegal-gambling.html

#LetitiaJames #Coinbase #GeminiTitan #GamingCommission #Manhattancourt #

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Nexstar Decries $6.2B Tegna Deal Being Blocked By Judge, Vows Appeal
#Legal #News #Politics #DonaldTrump #FCC #LetitiaJames #Nexstar #NexstarTegnaDeal #RobBonta #Tegna

https://deadline.com/2026/04/nexstar-responds-tegna-merger-blocked-1236864817/

#NYC : AG #LetitiaJames orders #Langone #NYU to re-open and continue #GenderAffirmingCare

#TheAdvocate

#TransAndNonbinaryRightsAreHumanRights 
 

#NYC #NY #NewYork #NewYorkCity

https://www.advocate.com/health/transgender-health/letitia-james-ny-transgender-care

From the city of #MayorMamdani

Top #Trump housing official, #BillPulte, issues new #criminal referral for New York AG #LetitiaJames after several previous attempts failed

According to a person familiar with the matter, Pulte, the director of the #FHFA, issued 2 referrals to the #DOJ, one to the #USAttorney for Northern District of Illinois & another to the US Attorney for Southern District of Florida.

Both alleged “suspected homeowners insurance fraud.”

#law #LegalEthics #RevengePolitics
https://www.cnn.com/2026/03/25/politics/bill-pulte-criminal-referral-letitia-james?cid=ios_app