Gaming Regulators Tackle Crypto!

The Kalshi prediction market has taken legal action against gaming regulators in Nevada and New Jersey, who ordered the platform to halt its event contracts. Kalshi argues its contracts differ from traditional gambling and that state regulators lack authority, as it's under the CFTC's jurisdiction. Meanwhile, CoinFund’s David Pakman forecasts a crypto surge with a $1 trillion stablecoin supply by 2025. Lastly, Elon Musk's sale of social media platform X to AI startup xAI makes his legal battles even more intriguing. Unexpected moves in the crypto and tech sectors indeed!