TL;DR The CFTC warned prediction market platforms to avoid using American-style betting odds, describing them as “misleading.” The regulator sent letters to its regulated entities demanding
TL;DR Compliance Integration: Comply adds Kalshi’s trade data to its regulatory software for employee monitoring. Institutional Demand: Firms exploring prediction markets expect surveillance tools similar to
TL;DR Polymarket is reportedly pursuing a new funding round at a $20 billion valuation, following a previous financing completed at a $15 billion valuation earlier this
TL;DR: The CFTC requested an emergency temporary restraining order to block New York’s lawsuit against Kalshi, but the request was denied. Judge Jed S. Rakoff determined
TL;DR: The New York Attorney General filed a lawsuit against Kalshi, seeking at least $36 billion in compensatory damages. According to records on The Block Data
TL;DR Kalshi, Polymarket and Polymarket US generated $50.59 billion in July volume, rising 7.8% from June and setting a monthly record for prediction markets. Kalshi led
TL;DR Legal Action: New York’s lawsuit against Kalshi seeks to halt its event contracts, impose steep financial penalties, and recover alleged unlawful gains. Regulatory Clash: The
A White House official said Gabriel Perez, a teleprompter operator previously placed on unpaid leave over allegations involving Kalshi bets tied to President Donald Trump’s speeches,
TL;DR State Challenge: Forty‑four attorneys general told the CFTC its proposed rule on sports Prediction Markets exceeds federal authority and intrudes on areas states traditionally regulate.
TL;DR Injunction: A federal judge paused Minnesota’s SF 3432, giving Kalshi and Polymarket temporary relief. At the same time, the court reviews whether the law is
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