Kalshi, a web-based prediction markets platform, has got a preliminary injunction in Tennessee, hindering state officials from imposing local betting laws against the sports-associated event contracts of the platform. On February 19, U.S. District Judge Aleta A. Trauger gave a decision siding with Kalshi on prominent issues, summarising that the
Nevada has escalated its fight against prediction market platform Kalshi by filing a civil enforcement action in Carson City District Court. The Nevada Gaming Control Board (NGCB) claims that Kalshi’s sports-linked event contracts amount to unlicensed gambling under state law. Regulators seek declaratory relief and an injunction to block Kalshi
The Digital Chamber has launched a new Prediction Markets Working Group to strengthen federal oversight of the sector in the United States. The blockchain advocacy group aims to secure regulatory clarity and reinforce the Commodity Futures Trading Commission’s authority over event-based contracts. The organization announced the initiative on X and
Kalshi, a regulated exchange and prediction market platform, has publicised a mega expansion of its market surveillance and enforcement substructure targeted at prohibiting insider trading and market manipulation over the platform. The step taken is a part of a wide initiative to intensify trading integrity, as per the updates shared
Kalshi expects ETH price to go lower in 2026. This comes on the sidelines of heavy liquidations over the last 2 weeks from across the crypto market. Gold and Silver have slipped as well, triggering anticipation that it was natural for cryptos to plunge. Nevertheless, near-term projections for crypto prices
The CFTC, under the leadership of Chair Michael S. Selig, is working to establish a new, clearer framework for prediction markets. As part of a larger effort to update the regulatory framework for new markets such as digital assets and event contracts. Prediction markets are platforms where individuals engage in
Kalshi traders have expressed a bearish sentiment towards Bitcoin, stating that BTC price could go lower by the end of this year, that is, 2026. This comes at a time when the flagship cryptocurrency has been trading below $90k for some time now. It remains to be seen if BTC
Coinbase has spread its wings of the prediction markets feature to users in all 50 U.S. states, offering customers nationwide access to event-based trading inside its application. The firm has officially accepted the launch on January 28, accompanying the initial launch in December that was restricted to select users. The
Kalshi, a prediction markets platform that is regulated by the Commodity Futures Trading Commission (CFTC), has launched a new office in Washington, D.C. to enhance its government relations and policy initiatives in the United States. The new office is part of Kalshi’s efforts to engage with federal and state policymakers
