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Bitcoin Up 2 Weeks: Beginning or End?BIO: DeSci Governance & LiquidityDaily 5K USDT Airdrop - Join & Win!New York, Illinois sign EO banning state employees from prediction markets New York Governor Ka

New York, Illinois sign EO banning state employees from prediction markets



New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois earlier this week.

“Getting rich by betting on inside information is corruption, plain and simple,” Hochul said on Wednesday, adding: “Our actions will ensure that public servants work for the people they represent, not their own personal enrichment.”

Hochul also slammed the Trump administration and congressional Republicans for allowing an “ethical Wild West” to take hold around prediction markets without implementing any “meaningful ethical standards” to protect against insider trading.

Executive order banning New York state officials from trading on prediction markets. Source: New York State

Adoption in prediction markets is rapidly accelerating, with monthly trading volumes rising over the last seven consecutive months to an all-time high of $23.6 billion in March, with markets covering everything from sports and elections to financial results and cultural outcomes.

However, the rise has been accompanied by increasing concerns about insider trading and market manipulation.

Illinois Governor JB Pritzker also signed an EO banning state employees from betting on prediction markets on Tuesday, stating:

“Illinois is doubling down on its commitment to a transparent and ethical government by bolstering its current state laws to prevent insider trading amid the rapid growth of online prediction markets and event-based gambling contracts.”

Insider trading accusations in prediction markets

Hochul’s EO made reference to several suspected insider trading instances involving US military action.

One of them was a Polymarket trader who placed a low-odds bet that Nicolás Maduro would be ousted as Venezuelan president just hours

New York, Illinois sign EO banning state employees

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Bitcoin Up 2 Weeks: Beginning or End?Daily 5K USDT Airdrop - Join & Win!HTX Community April Creation Contest Onramp Launches Finance Platform Combining Cash, Bitcoin and Gold in One Account Onramp lau

Onramp Launches Finance Platform Combining Cash, Bitcoin and Gold in One Account

Onramp launched a unified platform today combining cash management, bitcoin services, and gold ownership into a single account aimed at long-term wealth building.
Onramp has launched a new platform that brings cash management, bitcoin access and gold ownership into a single account, as financial firms compete to simplify long-term wealth strategies.

The Austin-based company announced today the debut of Onramp Finance, a unified platform designed for individuals and families focused on multi-decade wealth building. The product combines cash accounts offering up to 5% in rewards, bitcoin brokerage across all 50 states, bitcoin IRAs, direct gold ownership and a spending card with cash back, according to statements seen by Bitcoin Magazine. 

CEO Michael Tanguma framed the launch around traditional wealth-building principles rather than short-term market strategies.

“Sound financial planning has always rested on a few simple ideas,” Tanguma said in the announcement. “Live on less than you make. Put the rest into things that hold their value. Pass them on intelligently.”

The platform groups its services into three core functions: earning, accumulating and spending. Users can hold cash and receive rewards funded by Onramp, move funds into bitcoin or gold, and use a card that returns up to 1.5% cash back. Those rewards remain in the same account and can be redeployed into other assets.




Onramp Launches Finance Platform Combining Cash, B

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