NBA joins pro sports leagues on CFTC prediction markets bandwagon while NFL balk...
The U.S. derivatives regulator, which has championed the arrival of prediction market firms such as Kalshi, has been gathering all...
Crypto Prediction Markets Set New $2.7B Weekly Volume Record
TLDR: Crypto prediction markets on Kalshi and Polymarket reached a record $2.7 billion in weekly notional volume, largely from sho...
Pentagon Bans Military Personnel From Insider Trading on Polymarket and Kalshi
TLDR: Pentagon bans military and civilian personnel from using nonpublic information to trade on Polymarket and Kalshi. The direct...
Kalshi CEO says state-led oversight of U.S. prediction markets would push them o...
CEO Tarek Mansour said he feels "pretty good" about the pending outcome of the current legal fight over who has the right to regul...
Kalshi Investigation Examines Bets on Katie Zacharia Selection
TLDR: The Kalshi investigation examines three bets placed before Katie Zacharia was publicly identified as the next White House pr...
NFL joins pushback against prediction markets as U.S. Supreme Court asked to act
In opposition to federal oversight of the prediction markets, the National Football League has sided with states, Gary Gensler and...
Kalshi Wants Non-Expiring WTI Futures Approval
TLDR Kalshi filed for CFTC approval to offer a WTI crude oil perpetual futures contract. The proposed contract would trade 24 hour...
$9.4B Weekend Reshapes Prediction Markets—Who Is Gaining Ground?
TLDR Prediction markets recorded more than $9.4 billion in weekend notional trading volume. Kalshi led with $7.13 billion, with fo...
U.S. CFTC seeks event contract definitions that may defy states' gambling claim...
As it battles with states over prediction markets, the CFTC sent two related rules on swaps definitions for White House review.