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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...
CFTC submits emergency motion to block Kalshi's election betting contracts
8.9.2024
The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order
US prediction market Kalshi scores 'huge win' against CFTC
7.9.2024
US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC's decision. However, the CFTC still has the option to appeal
CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days
7.9.2024
The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her rationale
Kalshi Cleared to Offer Congressional Prediction Markets in Victory Against CFTC
6.9.2024
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Kamala Harris Pulls Well Ahead of Trump on Polymarket
12.8.2024
Prediction Markets and Polls Both Got the French Election Wrong
8.7.2024
Plus: Polymarket traders remain skeptical about Biden's insistence he's staying in the U.S. presidential race; will ETH fall to $2,630?
Trump Conviction Barely Dents His Odds of Winning Election: Prediction Markets
4.6.2024
Plus: Polymarket traders doubt Trump will go to prison; Kalshi bettors are at odds with the CME FedWatch poll on rate cuts
U.S. CFTC Proposes Ban on Political Event Contracts
10.5.2024
The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the trading of predictive contracts
Elon Musk Will Likely Remain Tesla CEO, and Tweet Non-Stop: Prediction Markets
6.5.2024
Also: Trump faces likely conviction, per Polymarket punters; CFTC hearing to discuss political betting ban
Polymarket Odds Say Columbia University President Will Keep Job
22.4.2024
Continuing pro-Palestine protests won't lead to Minouche Shafik having a fate similar to Claudine Gay, who was recently forced to resign as Harvard's president, the prediction market signals. Plus: Kalshi bettors don't think Taylor Swift will break her record
Prediction Market Kalshi to Take Bets on Crypto (Settled in Dollars)
18.3.2024
The CFTC-regulated platform will let traders bet on whether BTC will outperform ETH this year and other price outcomes amid renewed interest in both crypto and prediction markets
U.S. CFTC's Behnam Says Agency Writing New Policy on Prediction Markets
12.3.2024
U.S. Commodity Futures Trading Commission Chair Rostin Behnam said his agency will propose a rule in the coming months to establish new regulations for prediction markets
Paradigm Backs Prediction Market in Legal Battle Against CFTC
8.2.2024
Paradigm has stepped up to back Kalshi in its legal battle against the Commodity Futures Trading Commission (CFTC), defending the right to offer prediction markets in the U.S. Congressional elections, and arguing for the critical role such markets play in risk management and information...
Paradigm Advocates for Prediction Markets as Hedge Against Crypto Regulatory Risks
6.2.2024
Venture capital firm Paradigm has filed a legal brief in support of the prediction market platform Kalshi, which is currently in a legal battle against the Commodity Futures Trading Commission (CFTC). In a “friend-of-the-court” brief filed recently, Paradigm, despite not being...
CFTC Chief: Nothing Changed After FTX Meltdown to Empower Agency to Prevent Repeat
15.11.2023
U.S. regulators don't have any more authority now to head off another major crypto collapse than they did when FTX imploded and took much of the industry with it, said Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam
Americans (Seemingly) Aren't Allowed to Put This Economic Theory to the Test
22.9.2023
CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress
22.9.2023
Regulators said the plans weren't in the public interest, after a court squabble involving rival service PredictIt
CFTC Kicks Off Review of Kalshi's Congressional Control Prediction Markets
24.6.2023
The U.S. Commodity Futures Trading Commission began a formal review and public comment period to evaluate prediction market Kalshi's proposed contracts to bet on who will control Congress
CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
17.6.2023
The Commodity Futures Trading Commission will decide on June 26 whether to start a formal 90-day review of prediction market provider KalshiEX’s contract that allows users to bet on which party takes control of the U.S. Congress