Unlike traditional assets like stocks or real estate, cryptocurrencies often have no intrinsic value and their prices are ...

The rise of prediction markets and their event contracts is creating a legal and regulatory tangle that may not be easy to sort out.

The cryptocurrency market faced an unexpected roadblock last week as fears of a trade war escalated following President Donald Trump’s tariff announcements on Mexico, Canada and China. However, the ...

Daniel Martin Gallagher Jr., the Chief Legal Officer of Robinhood Markets Inc. (NASDAQ:HOOD), has sold 25,000 shares of the company's Class A common stock. The shares were sold at a weighted-average ...

The U.S. Commodity Futures Trading Commission (CFTC) has pushed back against Super Bowl event contracts launched by the ...

Before the CFTC decision, Robinhood, which boasts nearly 25 million users, had offered contracts on the Super Bowl outcome, allowing users to buy a “Yes” contract with a $1 payout if their chosen team ...

The fees go toward covering the costs of administering, managing and other services. Although investors might not notice expense-ratio fees because they’re deducted from a funds ...

Crypto.com and Kalshi need to provide more information to the US CFTC to determine if their Super Bowl event contracts comply ...

Alphabet revenue misses expectations, Robinhood Markets says Super Bowl bets are off, and more news to start your day.

Robinhood had partnered with Kalshi to accept trades on the outcome of the Super Bowl and other sports events, in all 50 states.

CNBC's Becky Quick reports on the latest news.

Robinhood Markets Inc (NASDAQ:HOOD). announced the suspension of its newly launched Super Bowl betting feature in response to a request from the Commodities and Futures Trading Commission (CFTC).