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Illinois Governor Bars State Employees From Insider Bets on Prediction Markets

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Illinois Governor JB Pritzker has signed an executive order prohibiting state employees from using nonpublic information to participate in prediction markets and event-based contracts. The order arrives while Illinois contests a federal lawsuit filed by the Commodity Futures Trading Commission (CFTC) seeking to block state enforcement against CFTC-registered prediction market operators. Key Takeaways: Illinois EO … Read more

Prediction Market Showdown: CFTC and DOJ Challenge Illinois State Gambling Authority in Federal Court

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The U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice (DOJ) filed a federal lawsuit against Illinois on April 2, 2026, seeking to permanently block the state from enforcing its gambling laws against federally regulated prediction market platforms. U.S. Government Sues Illinois Over Prediction Market Rules, Seeks Permanent Injunction The complaint, filed in … Read more

OKX Partners With Deltix to Bridge Institutional Trading for Digital Assets in US

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OKX and Deltix integrate advanced trading platforms to provide regulated, institutional-grade digital asset market access for U.S. clients. OKX announced a strategic partnership with Deltix to enhance institutional trading capabilities. The collaboration enables U.S. institutional market participants to access digital asset spot markets through Deltix’s professional-grade trading platform, with all client activities routed through OKX’s … Read more

Levelfield Bank Clears Illinois Approval to Offer FDIC‑insured Crypto Services Across the US

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Levelfield Financial receives conditional IDFPR approval to acquire Burling Bank and offer FDIC‑insured banking with digital asset services. Levelfield Financial announced on November 17, 2025 in Houston that the Illinois Department of Financial and Professional Regulation (IDFPR) has granted conditional approval for its acquisition of Burling Bank, which will be renamed Levelfield Bank post‑close and … Read more

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