The U.S. has approved its first regulated Bitcoin perpetual futures contract on a CFTC-registered exchange, a major shift that could bring one of crypto’s biggest trading products out of offshore limbo and into the American regulatory fold. First regulated Bitcoin perpetual approved Kalshi’s BTCPERP gets the green light Offshore giants may face real U.S. competition […]
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Kalshi has sued Minnesota over a new law that would restrict prediction markets and impose criminal penalties on people involved in certain event-based contracts, setting up a blunt fight over who gets to regulate this fast-growing corner of finance. Kalshi vs. Minnesota — federal oversight or state gambling law? Criminal penalties could hit users, businesses, […]
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Donald Trump has jumped into the prediction markets fight, backing platforms like Kalshi and Polymarket while Washington and the states claw over who gets to regulate them. Trump backs prediction markets as part of America’s crypto push CFTC vs. state regulators is the core legal battle Kalshi and Polymarket are at the center of the […]
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Kalshi is turning up the pressure in Washington, backing a new lobbying group as prediction markets face a growing pile-up of legal, political, and regulatory threats. Kalshi backs Americans for Fair Markets Taylor Budowich joins as strategic advisor CFTC oversight is the main goal Congress is probing Kalshi and Polymarket State gambling fights are heating […]
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Minnesota has drawn a hard line against prediction markets, and the CFTC is answering with a lawsuit that could decide whether states can treat these markets like gambling or whether federal derivatives law wins the turf war. CFTC sues Minnesota over a new prediction markets ban Law takes effect Aug. 1 unless a court blocks […]
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Kalshi has crossed $4 billion in weekly trading volume for the first time, a milestone that says a lot about where prediction markets are heading. What used to look like a quirky side bet for nerds, traders, and political junkies is starting to look like a serious market category with real liquidity, real demand, and […]
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The CFTC’s push to formalize prediction market event contracts has triggered a messy but important showdown over who gets to control one of crypto’s most interesting—and most controversial—market ideas. More than 1,500 public comments were filed on the CFTC prediction market rules proposal. Kalshi, Polymarket, and a16z want the CFTC to keep sole federal control. […]
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The CFTC is shrinking fast just as prediction markets, crypto-linked trading, and politically loaded wagers are getting harder to police. That is not exactly the kind of timing that inspires confidence. CFTC staffing down 24% since Trump returned to office Experienced enforcement lawyers were hit hardest Prediction markets are expanding as insider-trading concerns rise Lawmakers […]
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CFTC Ramps Up Crypto Oversight with New Task Force Amid Prediction Market Showdown The U.S. Commodity Futures Trading Commission (CFTC) has thrown down the gauntlet in the regulatory arena, launching its Innovation Task Force (ITF) to tackle the unruly frontier of blockchain, AI, and prediction markets. This bold move comes right as a federal court […]
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Prediction Markets: From Crypto Curiosity to Financial Titan Prediction markets, once a quirky experiment in the crypto realm, have surged into a financial powerhouse, clocking nearly $24 billion in monthly trading volume on platforms like Polymarket and Kalshi. This blockchain-based betting phenomenon is reshaping finance, drawing Wall Street giants, media attention, and regulatory heat in […]
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