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Factbox-U.S. states where marijuana is legal

Factbox-U.S. states where marijuana is legal

April 23 (Reuters) - The U.S. Department of Justice is easing restrictions on certain marijuana products and accelerating the drug's reclassification as less dangerous, marking one of the biggest shifts to U.S. drug policy in decades.
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CFTC Sues New York to Assert Prediction Market Oversight

CFTC Sues New York to Assert Prediction Market Oversight

CFTC Sues New York to Assert Prediction Market Oversight
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New York Prohibits State Employees from Insider Trading on Prediction Markets

New York Prohibits State Employees from Insider Trading on Prediction Markets

New York Prohibits State Employees from Insider Trading on Prediction Markets
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Governor Hochul Bans State Employees from Prediction Market Insider Trading

Governor Hochul Bans State Employees from Prediction Market Insider Trading

Governor Kathy Hochul of New York has signed an executive order prohibiting state employees from engaging in insider trading on prediction market platforms such as Kalshi and Polymarket. This move is part of a broader effort to prevent public servants from using their positions for personal financial gain. The executive order also restricts state employees from sharing insider information that could be used for profit. Similar actions have been taken by Governors JB Pritzker of Illinois and Gavin Newsom of California, who have also issued executive orders to curb insider trading among state employees. These measures are in response to growing concerns about the potential misuse of nonpublic information by government officials, particularly in markets influenced by government actions.
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New York sues US for canceling $73.5 million in highway funding

New York sues US for canceling $73.5 million in highway funding

By David Shepardson WASHINGTON, April 24 (Reuters) - New York sued the Trump administration for withholding more than $73.5 million in highway funding over the state's decision not to revoke some commercial driver licenses.
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Exclusive-US soldier charged with Maduro bets was blocked from opening account on Kalshi, source says

Exclusive-US soldier charged with Maduro bets was blocked from opening account on Kalshi, source says

By Douglas Gillison and Anirban Sen NEW YORK, April 24 (Reuters) - A U.S. Army soldier charged with placing bets tied to the capture of Venezuelan leader Nicolas Maduro on the Polymarket platform was blocked from opening an account on prediction market Kalshi, a person familiar with the matter said.
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US soldier charged with winning $400,000 on Maduro removal bets

US soldier charged with winning $400,000 on Maduro removal bets

By Jasper Ward and Luc Cohen WASHINGTON, April 23 (Reuters) - A U.S. Army soldier involved in planning the capture of Nicolas Maduro has been charged with making $400,000 by betting on the removal of the ousted Venezuelan leader, the Justice Department said on Thursday.
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What to know about the fight over whether New York should lose $74M for not revoking immigrant CDLs

What to know about the fight over whether New York should lose $74M for not revoking immigrant CDLs

New York filed a lawsuit Friday to challenge the federal Transportation Department’s decision to withhold nearly $74 million in highway money because the state refused to revoke nearly 33,000 questionable commercial driver’s licenses for immigrants since an audit uncovered problems last year
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Trump threats against Iran are a boon for prediction markets, including some backed by his son

Trump threats against Iran are a boon for prediction markets, including some backed by his son

President Donald Trump loves to keep people guessing about his next policy moves, a reality TV, cliffhanger governing style that is helping “events” wagering companies, including some backed by one of his sons
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Kalshi suspends three US congressional candidates for 'political insider trading'

Kalshi suspends three US congressional candidates for 'political insider trading'

By Jasper Ward WASHINGTON, April 22 (Reuters) - Prediction markets platform Kalshi said on Wednesday it has suspended three U.S. congressional candidates for "political insider trading," building on its efforts to block politicians and athletes from betting on contests in which they are involved.
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Crypto exchanges gear up to launch US perpetual futures ahead of rule change

Crypto exchanges gear up to launch US perpetual futures ahead of rule change

By Hannah Lang April 22 (Reuters) - Global crypto exchanges are racing to capitalize on the U.S. Commodity Futures Trading Commission's expected move to allow trading in perpetual crypto futures, a popular but risky derivatives product that has so far largely remained offshore.
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New York Attorney General Sues Coinbase and Gemini Over Unlicensed Prediction Markets

New York Attorney General Sues Coinbase and Gemini Over Unlicensed Prediction Markets

New York Attorney General Sues Coinbase and Gemini Over Unlicensed Prediction Markets