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Macquarie: World Cup 2026 Betting Could Exceed $50B as Prediction Markets Expand
Macquarie projects global wagering on the 2026 World Cup could surpass $50 billion, up from $35 billion in 2022, as the tournament expands to 48 teams and 104 matches. The event began June 11 in Mexico City and is the first World Cup to feature regulated U.S. prediction markets such as Kalshi and Polymarket alongside sportsbooks. Crypto sportsbooks including Stake, Betfury, and 1win are also running World Cup promotions worth millions in rewards.
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CFTC Chair Mike Selig Says Agency Will Replace "Regulation by Enforcement" With Clear Crypto Rules
CFTC Chair Mike Selig, confirmed to lead the agency in December 2025, said crypto markets have faced prolonged regulatory uncertainty and that the regulator will prioritize clear, rule-based oversight over enforcement-led policymaking. As the CFTC's only sitting commissioner, he now holds unusual sway over crypto, derivatives and prediction markets, including a $36.6 billion event-contract market reported for Q1 2026. Selig also pointed to work on U.S.-regulated crypto perpetual futures and a June 10 proposal that would review prediction-market contracts under a 90-day process.
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Chainalysis: Law Enforcement Dismantles AudiA6 Crypto Laundering Network
Chainalysis reported on June 11 that an international law enforcement effort dismantled AudiA6, a laundering service it links to ransomware actors and darknet activity. The firm said AudiA6 processed about 10,333 BTC since launching in 2021, historically valued at roughly $389 million, and allegedly relied on more than 6,000 KYC-verified mule accounts plus exchange infrastructure.
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President Karol Nawrocki vetoes Poland's crypto bill again, delaying MiCA rollout before July 1
Polish President Karol Nawrocki vetoed a cryptocurrency regulation bill for the third time, arguing that lawmakers adopted only 1 of 16 amendments proposed by his office. The move leaves Poland without a national framework to apply the EU's MiCA rules ahead of the July 1 compliance deadline, raising uncertainty over how local firms will secure required licenses.
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CFTC June 10 Proposal Labels Sports Event Contracts as "Gaming" While Allowing Most
On June 10, the U.S. Commodity Futures Trading Commission (CFTC) issued a proposed framework that would classify sports event contracts as "gaming" under the Commodity Exchange Act while still permitting most standard markets. The proposal would prohibit five categories—injury-related contracts, officiating outcomes, discrete in-game actions tied to named players, physical altercations, and pre-collegiate sports—and it notes listings grew from about 220 in 2021 to more than 8,000. A 90-day comment period would follow publication, with any final rule described as unlikely before late 2026.
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