CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling. Source:Cointelegraph
New York sues Kalshi over alleged illegal gambling operation
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.…
Trump teleprompter operator made $100K betting on Kalshi markets tied to speeches: ABC
According to ABC News, federal regulators are investigating whether the longtime White House staffer used nonpublic information to profit from event contracts…
Kalshi hits record June trading volume as World Cup fuels prediction markets
DefiLlama data shows Kalshi posted a record month for trading volume as the expanded FIFA World Cup boosted prediction market activity. Source:Cointelegraph
Kalshi’s crypto perpetuals spark debate over whether they’re futures or swaps
A clash between derivatives veterans is exposing a deeper discussion over how U.S. regulators should classify crypto perpetual contracts. Source:CoinDesk