Minnesota Governor Tim Walz prohibited state agency employees from using nonpublic or confidential information obtained through their employment to participate in prediction markets.

The GENIUS Act established the Stablecoin Certification Review Committee to evaluate state-level stablecoin regulatory regimes, and the American Bankers Association and three other banking groups urged the committee to adopt formal procedural rules before it begins issuing determinations.

In United States of America v. State of Wisconsin, the U.S. District Court for the Eastern District of Wisconsin denied a motion by the United States and the CFTC for a preliminary injunction that would have barred Wisconsin from enforcing its gambling statutes against companies offering sports-related event contracts.

CFTC Chair Michael S. Selig announced that the agency will move the Commitments of Traders Report to a bi-weekly schedule by year-end and finalize a coordination agreement with the U.S. Department of Agriculture.

SIFMA and its Asset Management Group published a new master agreement and schedule for "done-away" U.S. Treasury securities clearing to provide market participants with standardized documentation ahead of the SEC's central clearing mandate.