UK financial watchdog weighs lifting prediction markets ban: Report
Companies offering binary options for retail investors have been barred from selling, marketing and distributing products in the UK since 2019 following a…
Prediction markets inch closer to the Supreme Court: State of Crypto
New Jersey petitioned for a writ of certiorari in Kalshi's case against it last week, finally throwing the ball to the high court. Source：CoinDesk
This presidential election bet offers ‘free money’
Quick arbitrage opportunity shows prediction markets are still inefficient. Source：MarketWatch
People under 21 can’t use most sportsbooks — so they’ve wagered over $5 billion on Kalshi instead
A new American Gaming Association analysis finds underage sports betting is flourishing on prediction markets. Source：MarketWatch
New Jersey officials petition US Supreme Court over prediction markets
New Jersey’s Attorney General and gaming authorities filed a petition for a writ of certiorari to the US Supreme Court over Kalshi offering sporting event…
Kalshi takes legal blow in court ruling confirming state powers over prediction markets
This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the…
CFTC, US soldier accused of illegal Polymarket bet spar over interpretation of prediction markets
A judge stayed the CFTC’s civil case against a soldier who allegedly used nonpublic information for a Polymarket bet, but the regulator is trying to weigh in…
Gemini plans to distribute crypto prediction markets through Apex brokerages
The proposed deal would make Gemini the exclusive venue for crypto event contracts offered through Apex’s FCM, expanding its predictionmarket reach to…
Gemini strikes Apex deal to widen prediction markets reach
The planned tieup would make Gemini the exclusive CFTCregulated venue for crypto event contracts offered through Apex’s futures commission merchant.…
Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.…
States are coming after prediction markets — and setting up a costly legal battle over who gets to regulate them
Prediction markets like Kalshi are regulated in different ways across states. There’s a better way for them to thrive. Source：MarketWatch
Cantor opens Kalshi prediction markets to thousands of institutional clients
The investment bank will help its roughly 3,000 institutional clients execute large block trades in event contracts. Source：CoinDesk