Tagged: kalshi

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 @ 5:00 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 9, 2026 @ 1:06 pm By Omar Faridi  |  

The Commodity Futures Trading Commission (CFTC) has issued a formal reminder to regulated prediction market platforms, instructing them against presenting event contract prices in the manner of traditional American-style moneyline gambling odds. This guidance comes as the agency continues to defend its oversight of these… 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

July 31, 2026 @ 6:33 am By Omar Faridi  |  

New York regulatory authorities have taken legal action against the prediction markets operator Kalshi, accusing it of running an unlicensed gambling business within the state. On July 31, 2026, Governor Kathy Hochul and Attorney General Letitia James announced that the state filed a petition against… Read More

July 28, 2026 @ 7:51 am By Omar Faridi  |  

A federal judge has issued a preliminary injunction that blocks Minnesota from enforcing its newly enacted prohibition on prediction markets, delivering a major win to platforms including Polymarket and Kalshi just days before the measure was set to take effect.U.S. District Judge Katherine Menendez of… Read More

July 21, 2026 @ 5:08 pm By Omar Faridi  |  

A Washington court has temporarily blocked Kalshi from offering sports-related contracts to users in the state. The decision, handed down on July 21, 2026, by King County Superior Court Judge John McHale, concludes that the platform’s sports event products likely constitute unlicensed gambling under Washington… Read More

July 14, 2026 @ 9:45 pm By JD Alois  |  

The Commodity Futures Trading Commission (CFTC) negated a Michigan court order that canceled trades on Kalshi. According to a statement by the CFTC, it exercised its authority to order Kalshi to fulfill open trades. CFTC Chairman Michael Selig said a state cannot force a Designated… Read More

July 8, 2026 @ 3:31 pm By Omar Faridi  |  

A federal judge in Manhattan has denied prediction market operator Kalshi’s effort to stop New York from enforcing its gambling laws against the platform’s sports-related offerings. The July 7, 2026 ruling by US District Judge Analisa Torres clears the way for state regulators to proceed… Read More

July 6, 2026 @ 9:12 am By JD Alois  |  

The Red Card given to Team USA striker Florian Balogun has been debated ad-nauseam online and on social media. On one side, the Red Card is deemed to be a bad call and a suspension of Balogun undeserved. On theFlorian BalogunFlorian Balogun other, the Red… Read More