Topic Archive

#Kalshi

48 Stories Found

Coins•5h ago

Louisiana Won a No-Notice Order Against 32 Prediction-Market Firms. Now the CFTC Wants It Voided

Key Highlights: Louisiana obtained an ex parte restraining order against 32 entities accused of facilitating unlicensed event contracts. The dispute pits Louisiana gambling-enforcement powers against the CFTC’s claimed authority over federally registered exchanges. Federal litigation could force the Fifth Circuit to address a growing split over state regulation of prediction-market contracts. What the Tangipahoa Order ...

9 min readRead

Coins•11h ago

House Oversight Chair Seeks Ban on Government Officials’ Prediction Market Bets Amid Insider Trading Concerns

Key Highlights Four of the five prediction market platforms provided substantial information about their surveillance systems. Polymarket and Kalshi have strengthened procedures for monitoring suspicious trading activity. Congress is considering broader restrictions on government-related prediction market trading and stronger regulator-platform information sharing. Prediction Markets Face Scrutiny Over Surveillance and Government Trading Four of the five ...

2 min readRead

Coins•20h ago

Louisiana Judge Orders Sweeping Restraining Order Against Kalshi, Polymarket, Coinbase, and Other Prediction Market Operators

Key Highlights A Louisiana court has temporarily barred Kalshi, Polymarket, Coinbase, Robinhood and affiliated entities from offering prediction market contracts to state residents without a valid gaming license. The order prohibits the companies from operating, listing, accepting, settling, brokering or facilitating event contracts involving Louisiana residents. Covered activities include contracts tied to sports, elections, awards ...

3 min readRead

Coins•Nov 12, 2026

Kalshi Ends Donald Trump Jr.’s Advisory Contract Over 1789 Capital’s Polymarket Investment

Key Highlights: Companies in the prediction-market sector compete for users, trading volume, liquidity and market share. Donald Trump Jr. previously received an equity stake in Kalshi reportedly valued at about $300,000 when he joined the company as a strategic adviser. Democratic lawmakers are challenging prediction markets and the Commodity Futures Trading Commission’s defense of sports-related ...

3 min readRead

Coins•Nov 12, 2026

Kalshi Ends Donald Trump Jr. Advisory Deal Over Polymarket Conflict of Interest

Key Highlights: Kalshi has officially terminated Donald Trump Jr.’s contract as an advisor. The decision to part ways stems directly from Trump Jr.’s affiliations with competitor platform Polymarket. The move unfolds while prediction market operators face intensifying legal challenges from state regulators over illegal betting allegations. Kalshi Part Ways with Donald Trump Jr. Over Polymarket ...

3 min readRead

Coins•Nov 12, 2026

SEC Backs CFTC in Court Fight Over Single-Stock Perpetual Futures

Key Highlights: A lawsuit challenges the CFTC’s approval of perpetual single-stock futures, arguing they are security-based swaps under SEC jurisdiction. The court indicated the plaintiffs are likely to succeed on that argument but denied their request for a temporary restraining order. The SEC supports the CFTC’s approval, while Coinbase Derivatives and Kalshi back the CFTC ...

5 min readRead

Coins•Nov 10, 2026

Warren Asks What White House Is Doing to Prevent Repeat of Polymarket Trump Bets

Key Highlights: Democratic lawmakers are scrutinizing the White House’s ethics oversight following an insider-trading case involving a former staffer and event-contract platform Kalshi. Senator Elizabeth Warren raised concerns over Donald Trump Jr.’s advisory roles and business ties, noting the president’s family has deepened ties with the sector. Lawmakers including Senator Catherine Cortez Masto and Representative ...

4 min readRead

Coins•Nov 10, 2026

Coinbase, Kalshi and Kraken Parent Back CFTC in Legal Battle Over Stock Perpetual Futures

Key Highlights: Major digital asset and trading firms—including Coinbase, Kalshi, Kraken parent Payward, DRW Holdings, Jump Trading, and Paradigm—have filed a letter backing the CFTC in federal court. The coalition supports the CFTC against a lawsuit filed by the Capital Markets Alliance (CMA), a group representing traditional finance heavyweights such as Citadel Securities and Cboe. ...

3 min readRead

Coins•Nov 9, 2026

Elizabeth Warren Targets Prediction Markets for Crackdown as Senate Banking Chair

Key Highlights: U.S. Senator Elizabeth Warren and Senator John Curtis raised bipartisan concerns over insider trading and market manipulation on Kalshi and Polymarket election-related contracts. Platforms face increased federal scrutiny over allegations of candidates wagering on their own campaigns and insiders trading on nonpublic polling data. As Warren prepares to chair the Senate Banking Committee, ...

5 min readRead

Coins•Nov 6, 2026

US Prediction Markets Regulator Issues Demand That Directly Clashes With Courts

Key Highlights Kalshi has geofenced users across multiple states—including Nevada, Washington, and Michigan—as regulatory and legal battles escalate nationwide. Recent federal appeals court rulings from the Second and Ninth Circuits have dealt major blows to prediction market platforms, paving the way for state enforcement and tribal restriction enforcements. State officials, including those in Utah who ...

4 min readRead

Coins•Oct 29, 2026

Polymarket Launches Ultra-Short Crypto Prediction Markets on US Platform

Key Highlights: Binary event contracts launched on Oct. 28 streamline short-term derivative trading with a straightforward $1-or-nothing fixed-payout structure. Platforms like Kalshi are driving massive volume—surpassing $1 billion in crypto event-contract trading in March 2026—as traditional exchanges like Nasdaq and Cboe explore similar offerings. Market analysts and researchers caution against hidden market risks, pointing to ...

4 min readRead

Coins•Oct 29, 2026

Utah Charges Prediction Market Platform Kalshi With Illegal Gambling

Key Highlights: Utah has launched parallel civil and criminal legal actions against prediction platform Kalshi over state gambling violations. Kalshi and the Commodity Futures Trading Commission (CFTC) argue these event contracts are federally regulated financial derivatives, prompting the CFTC to sue Utah over jurisdiction. A growing coalition of states—including Arizona, Connecticut, Massachusetts, Michigan, and Nevada—are ...

4 min readRead