Archives

October 7, 2026 @ 12:05 pm By Omar Faridi  |  

US Representative Don Davis of North Carolina has introduced legislation intended to stop people seeking federal office from buying, selling, or holding prediction market contracts that resolve based on their own campaigns. The measure, titled the No Betting on Your Own Race Act, was filed… Read More

September 29, 2026 @ 9:56 am By Omar Faridi  |  

A federal appellate panel has cleared the way for Ohio and Tennessee to apply their sports-wagering statutes to Kalshi, a prediction markets operator that lists contracts tied to sporting outcomes. On September 25, 2026, a three-judge panel of the US Court of Appeals for the… Read More

September 21, 2026 @ 10:34 am By Omar Faridi  |  

Kalshi, the CFTC-regulated prediction-market platform, is facing public accusations that its crypto perpetual-futures activity is inflated. The claims originated with Beni, a former quant and co-founder of Stealth Neolab, who published a detailed thread on X after a heated exchange with Kalshi’s crypto product lead…. Read More

September 20, 2026 @ 12:45 pm By Omar Faridi  |  

KalshiEX has asked US regulators for permission to list perpetual futures tied to individual American stocks, placing the prediction-markets firm in the same race as Coinbase to bring a crypto-style derivative into traditional equities. On September 18, 2026, KalshiEX filed a proposed rule change with… Read More

September 18, 2026 @ 3:47 pm By Omar Faridi  |  

BMLL Technologies has struck a partnership with Kalshi that brings the prediction-market venue’s historical order-book records onto BMLL’s institutional data platform. Announced on 17 September 2026 from London and New York, the deal folds Kalshi’s CFTC-regulated event-contract history into the same high-fidelity, multi-asset coverage that… Read More

September 12, 2026 @ 4:50 pm By Omar Faridi  |  

Kalshi has begun offering perpetual futures tied to gold and silver after the Commodity Futures Trading Commission (CFTC) cleared the listings, marking the prediction-market operator’s first move of this product type beyond digital assets. Trading in the new contracts opened Thursday on the company’s platform,… Read More

September 10, 2026 @ 1:20 am By Omar Faridi  |  

ION, a provider of trading technology and workflow software for financial institutions, has announced that Coinbase (NASDAQ: COIN) has chosen its XTP for Event Contracts platform to handle clearing for Kalshi’s prediction market products. The announcement, dated September 9, 2026, frames the deal as infrastructure… Read More

September 3, 2026 @ 5:07 pm By Omar Faridi  |  

The US Commodity Futures Trading Commission (CFTC) has asked a federal judge to throw out CME Group’s challenge to the agency’s approval of cryptocurrency perpetual futures, arguing that the world’s largest derivatives exchange has not shown a legally cognizable injury. In a motion filed September… Read More

September 3, 2026 @ 5:00 pm By Omar Faridi  |  

A Michigan circuit court has extended restrictions that keep Kalshi from offering sports-related prediction contracts to people in the state, converting an earlier short-term freeze into a preliminary injunction that remains in place while the underlying lawsuit proceeds. Ingham County Circuit Judge Rosemarie E. Aquilina… Read More

August 31, 2026 @ 5:35 pm By Omar Faridi  |  

Kalshi has locked in an unexpected last-minute arrangement that places the federally regulated prediction market platform in an exclusive official role at the 2026 US Open. The agreement with the United States Tennis Association took effect as the main draw opened at Flushing Meadows, even… Read More

August 30, 2026 @ 1:01 am By Omar Faridi  |  

A federal appeals panel has given Nevada a significant win in its clash with prediction market operator Kalshi, holding that sports-event contracts listed on the company’s exchange are not “swaps” under federal commodities law and therefore are not shielded from state gaming rules. On August… Read More

August 27, 2026 @ 8:32 am By Omar Faridi  |  

Connecticut officials have taken prediction-market operator Kalshi to state court, asking a judge to halt what they describe as unlicensed sports betting offered through the company’s event contracts. Attorney General William Tong, Consumer Protection Commissioner Bryan T. Cafferelli, and Governor Ned Lamont announced the action… Read More

August 15, 2026 @ 2:42 pm By Omar Faridi  |  

Kalshi, one of the largest US prediction markets platforms, has reportedly removed its sports-related “mention markets” following the launch of a review by the Commodity Futures Trading Commission (CFTC) into this category of contracts. The agency is examining whether these markets are particularly vulnerable to… Read More

August 14, 2026 @ 1:33 pm By Omar Faridi  |  

A King County Superior Court judge has ordered the prediction market platform Kalshi to halt most of its offerings available to users in Washington state. The ruling stems from a finding that the company likely breached the Washington Gambling Act along with the Consumer Protection Act by conducting… Read More

August 14, 2026 @ 9:10 am By Omar Faridi  |  

Baltimore City has initiated legal action against leading prediction market operators, arguing that their sports-related offerings amount to unauthorized gambling that harms local consumers. On August 13, 2026, Mayor Brandon Scott and the City Council filed separate complaints in Baltimore City Circuit Court targeting Kalshi… Read More

August 13, 2026 @ 12:27 pm By Omar Faridi  |  

Prediction market platform Kalshi has made its live order book available for the first time through DoubleZero Edge, a so-called low-latency data delivery service. The partnership now positions Kalshi as the inaugural prediction market on the platform and (reportedly) only the second venue overall, following… Read More

August 12, 2026 @ 3:16 pm By Omar Faridi  |  

The Commodity Futures Trading Commission (CFTC) has invoked emergency powers to maintain orderly operations in regard to prediction markets. The action followed a formal alert from KalshiEX, LLC regarding an emerging market disruption. The move stems from a lawsuit initiated by New York Attorney General… Read More

August 12, 2026 @ 9:12 am By Omar Faridi  |  

A federal judge in Connecticut has rejected prediction-market operator Kalshi’s bid for emergency protection from state gambling enforcement, determining that the company’s sports-related event contracts do not meet the legal definition of swaps under federal commodities law. As a result, the Commodity Futures Trading Commission’s… Read More

August 11, 2026 @ 9:06 am By Omar Faridi  |  

Flight-tracking company FlightAware has filed a lawsuit against prediction-markets operator Kalshi, alleging the platform improperly leveraged its proprietary information and brand to support wagering on flight cancellations. The complaint, submitted August 10, 2026, in the US District Court for the Southern District of New York… Read More

August 2, 2026 @ 9:32 pm By Omar Faridi  |  

Former US Representative George Santos has agreed to pay more than $35,000 to resolve allegations by the Commodity Futures Trading Commission (CFTC) that he engaged in manipulative trading on the prediction market platform Kalshi. The case centered on event contracts concerning whether he would attend… Read More