Kalshi News

The two separate rulings add new regulatory pressure as prediction markets also face scrutiny over information advantages and suspected insider activity tied to event-driven contracts.

The prediction platform said it would reimburse users and resolve markets to the last-traded price before the death of the Iranian leader was confirmed.

CFTC chair Mike Selig said the agency established a prediction markets advisory to help catch insider traders, warning there would be consequences.

US Federal Judge Aleta Trauger granted Kalshi a preliminary injunction against Tennessee, finding its sports event contracts fall under CFTC jurisdiction.

Researchers said Kalshi’s “rich intraday dynamics” enable it to measure expectations in real-time when major financial events and announcements are made.

Kalshi is looking to have Nevada’s lawsuit heard in federal court, again asserting it is subject only to federal commodity exchange laws.

The Prediction Markets Working Group, launched by The Digital Chamber, will champion the sector’s values while advocating for the CFTC to maintain primary oversight. 

Wall Street–style liquidity is reportedly moving into prediction markets, signaling a shift toward deeper markets, higher volumes and greater institutional participation.

Kalshi has seen nearly $170 million in Super Bowl-related bets, and its move to boost oversight comes amid scrutiny of prediction markets by regulators and Congress.

Polymarket will migrate from bridged USDC on Polygon to Circle-issued native USDC, reducing reliance on cross-chain bridges as prediction markets expand.

The grocery giveaways come as Kalshi and Polymarket lead prediction market trading volumes, which have recently exceeded $400 million per day.

Coinbase says its Kalshi-powered prediction markets are now available nationwide, offering event contracts tied to sports, politics and culture.

The predictions market platform announced two new hires related to state policy efforts and relations with the federal government.

Bitcoin bull market optimism has suffered since the October crash, as chances of a short-term BTC price rally above $100,000 appeared to be fading.

A preliminary injunction against the prediction markets platform reportedly came at the request of Massachusetts Attorney General Andrea Joy Campbell.