Turkey’s Treasury Ministry to Enforce Stricter Rules on Crypto to Curb Money Laundering

The Turkish Ministry of Treasury and Finance is set to introduce new regulations combating the laundering of criminal proceeds from illegal betting and fraud through crypto asset transactions. The upcoming measures will impose stricter regulations on Crypto Asset Service Providers and establish new controls on crypto-related transactions. Increased Oversight on Crypto Platforms According to information […]

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CNA Bans Celebrities from Gambling Ads Across Media

Playing cards, dices, casino chips

Romania’s National Audiovisual Council has updated the country’s media rules, banning celebrities from appearing in gambling advertisements on TV, radio, and online. This decision was made in a public session on June 26, as part of a larger push to protect the public, especially young viewers. The ban is included in a new article within […]

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Kalshi Raises $185m at $2bn Valuation during Boom in Prediction Market Activity

Financial graphic

The fundraising round follows legal progress and increased investor interest in event-driven trading, with rival Polymarket also nearing a major deal. Key Points Kalshi secured $185 million in Series C funding, led by Paradigm, with additional support from Sequoia, Multicoin, Neo, Bond Capital, and Peng Zhao. This round makes the value of the event contracts platform reach […]

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