CYRPTO TIMES

Kalshi wins temporary shield as Tennessee court halts crackdown on sports markets

Summary Federal judge Aleta Trauger granted Kalshi a temporary restraining order blocking Tennessee from enforcing its cease-and-desist order for now.​ Tennessee regulators had ordered Kalshi, Polymarket, and Crypto.com to halt sports markets, void contracts, refund users, and wind down in-state activity.​ The case hinges on whether CFTC derivatives oversight preempts state gambling law, with prior…

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Nigeria begins tracking crypto transactions through tax IDs

Nigeria has started tracking cryptocurrency transactions and linking them to individuals as part of the Nigeria Tax Administration Act 2025. Summary Nigeria has started tracking crypto transactions through its tax identification number under the Tax Administration Act 2025. Crypto exchanges are required to report customer data, transaction details, and suspicious activity to tax and financial…

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