Tagged: prediction markets

Blockchain.com Seeks CFTC Approval to Launch US Prediction Markets and Crypto Derivatives

Blockchain.com, a long-established digital asset platform, has moved to secure regulatory clearance that would allow it to expand into US prediction markets and cryptocurrency derivatives trading. The company informed CNBC that it has submitted applications for two licenses from the Commodity Futures Trading Commission (CFTC),… Read More

Congressman Don Davis Files Bill to Prevent Federal Candidates from Trading Prediction Markets Contracts Linked to Their Elections

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

Prediction Markets : Polymarket Beat Traditional Polls in the Brazilian Election

Senator Flávio Bolsonaro finished ahead of President Luiz Inácio Lula da Silva in the opening round of Brazil’s 2026 presidential election, an ordering that several late national polls had not projected and that the prediction market Polymarket had priced for weeks. The split between survey… Read More

Prediction Markets Platform Kalshi Loses Sixth Circuit Fight Over Ohio and Tennessee Gambling Rules

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

Polymarket Requests European Authorities to Regulate Prediction Markets as Finance, Not Gambling

Polymarket is intensifying talks with policymakers in London, Brussels and other European capitals in an effort to have its event contracts treated as financial instruments rather than wagers. The New York-based prediction market, now raising capital at a valuation above $20 billion, argues that a… Read More

New York Attorney General (NYAG) James and Governor Hochul File Suit to Halt Polymarket’s Unlicensed Event Contracts

New York officials have opened a new front in their campaign against prediction-market platforms, accusing Polymarket’s US operation of conducting unlicensed wagering inside the state. On September 24, 2026, Attorney General Letitia James and Governor Kathy Hochul announced a civil action against QCX LLC, which… Read More

Polymarket Hit by $10M Stolen-Card Scheme while CEO Prioritized Expansion Over Compliance Measures

Prediction market operator Polymarket came under fresh scrutiny after a reported wave of stolen-card activity on its US platform coincided with leadership pressure to keep expanding, according to an investigation by The Wall Street Journal. In February 2026, shortly after the regulated U.S. venue began… Read More

Kalshi Rejects Wash Trading Allegations as Ether Perp Volume-to-OI Ratio Hits 174x

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

Kalshi Files with SEC and CFTC to List US Single-Stock Perpetual Futures

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

BMLL Brings Kalshi Prediction Markets Into Institutional Research Workflows

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

South Korea Refers Polymarket Users to Prosecutors Over Alleged Gambling Bets

South Korea’s police have advanced a months-long inquiry into domestic use of Polymarket from investigation into formal charging. Twenty-six local participants on the crypto prediction platform have been booked on suspicion of illegal gambling, and 18 of those cases have already been sent to prosecutors…. Read More

CFTC Initiates Probes into Polymarket Bets on Biden Pardons, Iran and Google Rankings

Federal regulators have quietly authorized multiple inquiries into unusual activity on a major prediction-markets platform, according to internal records released through a public-records request. The Commodity Futures Trading Commission (CFTC) signed off on at least three previously undisclosed probes into Polymarket event contracts tied to… Read More

Coinbase Selects ION’s XTP to Clear Kalshi Prediction Markets

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

New Jersey Formally Requests Supreme Court to Determine Who Regulates Sports Betting via Prediction Markets

New Jersey has now formally asked the nation’s highest court to settle a growing dispute over who has the power to oversee sports wagering that takes place on prediction-market platforms. On September 2, 2026, Attorney General Jennifer Davenport filed a petition for a writ of… Read More

Michigan Circuit Court Injunction Requires Kalshi to Keep Blocking Sports Markets

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

Donald Trump Jr.’s 1789 Capital Leads Polymarket Funding Round

1789 Capital, the venture firm in which Donald Trump Jr. is a partner, is heading a large new financing for Polymarket that would put the prediction-market company at a $21 billion valuation. A spokesperson for the firm said the platform is seeking $1 billion in… Read More

Kalshi Secures New Deal as Official Prediction Market Partner of the US Open

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

CFTC Innovation Advisory Committee meeting: CME Group CEO Warns About Prediction Market Listings Open to Manipulation

During the CFTC Innovation Advisory Committee meeting today, there was an interesting exchange between CME Group CEO Terry Duffy and CFTC Chairman Mike Selig. Duffy expressed his support for the crypto industry, something they have participated in since 2017, as well as artificial intelligence, utilized… Read More

Trading Technologies Partners with Crypto.com to Enhance Prediction Markets Access for Institutions

Trading Technologies International (TT), a provider of capital markets technology solutions, has partnered with Crypto.com to broaden institutional access to regulated prediction markets and cryptocurrency derivatives. The collaboration will integrate connectivity to OG.com—Crypto.com’s CFTC-regulated exchange and clearinghouse—directly into the TT platform.The link to OG.com’s prediction… Read More

JPMorgan Ends Formal Banking Ties with Polymarket Amid Regulatory Concerns

JPMorgan Chase (NYSE:JPM), the largest bank in the United States and one of the largest globally as well, terminated its primary banking relationship with the prediction-market platform Polymarket in late 2025, according to a report from the Financial Times. The decision stemmed from regulatory concerns, with… Read More

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