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Prediction Markets Go to Washington('s Appeals Court)
20.9.2024
The CFTC is working to ban political prediction markets. Its current goal: Get a federal appeals court to keep one from launching while it argues a judge was mistaken in overturning its rejection of Kalshi
Judges quiz CFTC, Kalshi over US election markets offering
20.9.2024
US appeals court judges peppered the CFTC and betting platform Kalshi’s lawyers with questions as the regulator bids to overturn a lower court’s decision allowing election markets
U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court
20.9.2024
A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company's efforts to launch political prediction markets in the U.S., without indicating whether they'd allow Kalshi to offer these products while reviewing a lower...
CFTC eyeing Polymarket, betting platforms amid elections, says chair
18.9.2024
If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam
CFTC eyeing Polymarket, betting platforms amid elections, says chair
18.9.2024
If an offshore entity’s “footprint” in the US is big enough, they must register their derivative contracts or risk facing enforcement actions, says CFTC Chair Rostin Behnam
U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
17.9.2024
After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's chairman, Rostin Behnam, said it will still keep pursuing the case against what it continues to contend is illegal activity
‘Explosion’ in election gambling will harm public interest: CFTC
16.9.2024
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”
'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court
15.9.2024
The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal
Even Temporarily Blocking Election Contracts Risks 'Irreparable' Harm, Kalshi Argues
14.9.2024
Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission's move to block its new election contracts, saying they would harm the company
U.S. Political Prediction Markets: Why Kalshi's Court Victory Matters
13.9.2024
If it turns out that the judge's ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal
Kalshi's New Political Prediction Markets Halted as CFTC Appeals Loss
13.9.2024
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C. Appeals Court late Thursday
U.S. Election Betting: CFTC Loses Last-Minute Bid to Halt Kalshi Contract
12.9.2024
The agency plans to appeal the case brought by the trading platform, and could still ask the higher court to stop the firm from listing the contracts
Judge says CFTC exceeded its authority halting Kalshi election bets
12.9.2024
According to Judge Jia Cobb, having Kalshi offer contracts on “whether a chamber of Congress will be controlled by a specific party in a given term” was not unlawful
U.S. Election Betting: What's at Stake in Final (?) CFTC-Kalshi Showdown
12.9.2024
Here's how to listen to Thursday's hearing in the closely watched federal court case over political prediction markets, and why it matters
Judge issues temporary stay in Kalshi v. CFTC election betting case
9.9.2024
Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections
Judge issues temporary stay in Kalshi v. CFTC election betting case
9.9.2024
Judge Jia Cobb said the court would hold a hearing on Sept. 12 to address competing motions filed by the CFTC and Kalshi over betting on US elections
Kalshi's U.S. Election Markets Delayed Until Friday at Earliest
9.9.2024
The judge in the prediction market's court case against the CFTC has called a hearing Thursday over the regulator's motion for a two-week delay
Kamala Harris Will 'Win' First Debate With Trump, Polymarket Traders Are Betting
9.9.2024
Also, there are now prediction market contracts about other prediction market contracts
U.S. Election Betting Delay Would Be 'Devastating' to Kalshi, Firm Says
9.9.2024
Kalshi "has staked its future on this litigation and these markets," the prediction market platform said, pushing back against CFTC's emergency motion
CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
8.9.2024
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t...