A House hearing is set to test whether sports prediction markets are legitimate financial contracts or just gambling with fancier paperwork, as Kalshi faces growing state-level pushback. The fight could redraw the line between CFTC oversight and state gaming law.
Read Full Article
Polymarket and Kalshi are pricing Spain as the favorite over Argentina in the World Cup final, with trading volume topping $4 billion on Polymarket alone. But the contracts aren’t identical, so those odds need context — and Messi’s Argentina is still very much alive.
Read Full Article
The CFTC has approved Kalshi’s BTCPERP, bringing a Bitcoin perpetual contract onto a U.S.-regulated exchange. It’s a big step for onshore crypto derivatives — but whether it matters will come down to liquidity, trading demand, and whether traders show up.
Read Full Article
CBOE is weighing Bitcoin and Ether perpetual futures as a CFTC approval for Kalshi opens the door for regulated U.S. venues to offer crypto-style perps. The payoff is clear: more liquidity, more access, and yes, more leverage-fueled risk.
Read Full Article
CME is suing the CFTC over approval of crypto perpetual futures, arguing the regulator overstepped and should treat perps as swaps. The fight could decide whether the U.S. brings this huge, leverage-fueled market onshore or leaves it to offshore venues.
Read Full Article
Kentucky is suing Kalshi and Polymarket, calling their sports-linked prediction markets illegal sportsbooks, not financial products. The case spotlights a growing state-vs-federal battle over who regulates event contracts and whether “innovation” is just betting in a nicer suit.
Read Full Article
The CFTC has brought in a former SEC crypto adviser to strengthen its data and enforcement chops just as the fight over digital asset oversight, prediction markets, and sports event contracts gets uglier. Donald Battle is now the CFTC’s chief data innovation officer He has experience at the SEC crypto task force, FinCEN, and the […]
Read Full Article
Kalshi is getting a reminder that fast growth in finance comes with boring little things like disclosure rules, and regulators do not treat “oops, the influencer forgot the ad label” as a charming personality quirk. NAD referral: Kalshi refused a voluntary review of influencer ads Disclosure issue: Paid ties may not have been clearly revealed […]
Read Full Article
Congress is moving to ban lawmakers from trading on crypto prediction markets like Polymarket and Kalshi — and yeah, that should have happened a long time ago. Senate already approved a ban for senators and staff House may attach similar language to H.R. 7008 Polymarket and Kalshi support the move to boost legitimacy Enforcement is […]
Read Full Article
Kalshi has launched a CFTC-approved bitcoin perpetual futures contract for U.S. traders, bringing one of crypto’s most heavily used derivatives products onto regulated domestic turf. BTCPERP goes live for U.S. traders CFTC-approved under Regulation 40.3 No expiration date, spot-price tracking, funding rates Offshore competition heats up with Binance and Hyperliquid Kraken, Robinhood, and Gemini are […]
Read Full Article