EToro Buys Zengo to Scale Prediction Markets and On-Chain Trading
eToro announced the acquisition of Israeli self‑custodial wallet provider Zengo, adding a finished non‑custodial product to its crypto suite. The deal is aimed at bolstering eToro’s push into tokenized assets, prediction markets and perpetual contracts, areas the broker has highlighted since early 2026. eToro currently manages $17.6 bn in assets, 3.9 million funded accounts and has expanded crypto services to all 48 U.S. states. Financial terms were not disclosed.
EToro Launches Developer App Store and Builders Portal for Retail Platform
eToro announced the launch of an App Store and a companion builders portal, opening its retail investing platform to third‑party developers and even non‑coders. The marketplace lets users browse, install and run trading and analytics tools that plug directly into...
Robinhood Takes a Curated Approach to Prediction Markets, Avoiding High-Risk Contracts
Robinhood is deliberately narrowing its prediction‑market catalog, opting to exclude high‑risk contracts such as "mention markets" that could be exploited for insider information. The platform now works exclusively with CFTC‑regulated exchanges like Kalshi and ForecastEx, keeping its offerings confined to...
Payments Firm Wise Heads to New York With £181 Billion Year Behind It
Wise reported a 26% jump in Q4 FY2026 cross‑border volumes to £49.4 billion (about $63 billion) and a 25% rise for the full year to £181.7 billion (≈$233 billion). Active customers grew 22% to 11.3 million and underlying income rose 24% to £435.3 million (≈$557 million). The...
Inside the Prediction Markets: Who Controls the Trade
Prediction markets are caught in a federal‑state showdown as regulators vie for jurisdiction. A U.S. Third Circuit court ruled that Kalshi’s sports contracts are derivatives, not gambling, giving the CFTC a foothold. The CFTC and DOJ have sued Arizona, Connecticut...
Kalshi Says Its Edge Comes From Retail Traders but the Picture Is More Complex
Kalshi’s founders argue that its predictive edge stems from a broad base of retail traders rather than Wall Street professionals. An internal review of the platform’s top 1,000 users shows few with elite academic credentials or prior market experience, while...
Polymarket Replaces Bridged USDC Aiming for a U.S. Relaunch
Polymarket announced its largest infrastructure upgrade, replacing bridged USDC.e on Polygon with a proprietary token, Polymarket USD, backed 1:1 by USDC reserves. The change eliminates bridge risk and coincides with a rebuilt trading engine, a hybrid central limit order book,...
Gibraltar Licenses First Prediction Market Operator in Bid to Attract Sector Growth
Gibraltar issued its first licence to prediction‑market operator Predict Street Ltd on March 26, positioning the sector as a potential growth engine. The move follows steep UK gambling tax hikes that threaten the territory’s remote‑gaming revenues, which contribute about one‑third of...
Russia Postpones Telegram and YouTube Ad Ban, Easing Pressure on Online Marketing
Russia’s Federal Anti‑Monopoly Service (FAS) has delayed the enforcement of its advertising ban on Telegram and YouTube until December 2026, after pushback from lawmakers and the online‑business sector. The postponement grants a three‑year grace period while the ban on Instagram,...
Funds Are Watching Prediction Markets But Not Using Them Yet, Report Finds
Institutional investors are increasingly monitoring prediction markets as a source of alternative data, but adoption remains limited. Hedge funds and macro investors show clear interest, yet few have integrated these signals into regular investment workflows. Polymarket and Kalshi dominate the...
AI Joins Africa’s Rulebook as Nigeria Orders Automated AML, Gives Fintechs 2 Years to Comply
Nigeria’s Central Bank has issued a circular requiring banks and fintechs to adopt automated, AI‑driven anti‑money laundering (AML) systems. Institutions must submit detailed implementation roadmaps within 90 days, with banks given 18 months and other firms 24 months to fully...
New Zealand Regulator to Broaden FinTech Sandbox, Develop New “On-Ramp” License
New Zealand’s Financial Markets Authority announced an expansion of its fintech sandbox, extending controlled market access beyond the initial six‑firm pilot. The regulator is also drafting an “on‑ramp” restricted licence that lets innovative firms enter the market under defined conditions,...
The Power of Reviews and Listings in the Financial Sector
The article explains why finance‑focused reviews and directory listings are critical for broker, platform, and payment‑provider selection. It highlights how Finance Magnates Directory and investingLive combine detailed regulatory, fee, and feature data with trusted, finance‑specific contexts. By delivering genuine, helpful...
Kalshi Taps Brazil’s XP to Take Prediction Markets Global
Kalshi has teamed up with Brazil's leading brokerage XP Inc. to launch regulated prediction‑market contracts outside the United States. XP will handle local distribution, client relationships, and regulatory coordination, while Kalshi supplies the trading technology, market design, and risk‑management tools....
CMC Markets Begins 24/7 Blockchain Settlements with J.P. Morgan’s Kinexys
CMC Markets has launched a 24/7 blockchain settlement platform in partnership with Kinexys Digital Payments, a JPMorgan unit. The solution uses JPMorgan’s JPMCoin on the public Base blockchain to move cash instantly across currencies and regions. Live testing confirmed near‑real‑time...