Kalshi Bans 3 US Candidates Over Insider Bets on Elections
Kalshi has banned and fined two US congressional candidates and one sitting lawmaker for betting on the outcomes of their own political races.
Kalshi has banned and fined two US congressional candidates and one sitting lawmaker for betting on the outcomes of their own political races.
Coinbase transferred its lawsuit against the New York attorney general to a federal court, in a move that may bring greater clarity related to the CFTC’s jurisdiction over prediction markets.
Kalshi plans to launch crypto perpetual futures, signaling a shift beyond prediction markets amid intensifying competition in regulated derivatives trading, according to The Information.
New York has sued Coinbase and Gemini for allegedly running unlicensed markets, highlighting rising state-level pressure on crypto and prediction platforms.
TV host John Oliver took aim at prediction markets as well as Coinbase CEO Brian Armstrong for upending user bets on his Q3 2025 earnings call.
Polymarket is reportedly looking to raise another $400 million from investors at about a $15 billion valuation, potentially adding to a wave of capital flowing into prediction markets.
The US Court of Appeals for the Ninth Circuit heard oral arguments from Kalshi and the state of Nevada over authorities attempting to bar some of the platform's event contracts.
The US commodities regulator is investigating suspicious oil futures trades that were made ahead of two US announcements regarding the war in Iran.
The co-founder and CEO of Kalshi announced new measures to crack down on minors using the prediction markets platform, despite having a minimum age requirement of 18 years old.
Polymarket prediction markets briefly surfaced in Google News alongside major publishers before disappearing, with Google saying the inclusion was an error.
An Arizona federal court has paused state gambling enforcement against Kalshi, with judges signaling that event contracts likely fall under federal derivatives regulation.
To the Moon and back again: Kalshi users are taking positions on what NASA will say at a press conference following the splashdown of Orion spacecraft from the Artemis II...
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