DOJ and CFTC seek halt to Arizona action against Kalshi
The US Justice Department and commodities regulator asked a federal court to block Arizona’s action against Kalshi, arguing federally regulated event contracts fall under CFTC jurisdiction.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The US Justice Department and commodities regulator asked a federal court to block Arizona’s action against Kalshi, arguing federally regulated event contracts fall under CFTC jurisdiction.
Why this matters
Kalshi is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
CFTC Chair Selig criticizes Illinois’ 0.2% crypto transaction tax as a brake on innovation
Illinois' crypto tax may stifle innovation, drive businesses away, and highlight tensions between state and federal crypto regulat...
Prediction markets get the Hollywood treatment as Scott Stuber wins bidding war for Kalshi and Polymarket book
Hollywood's interest in prediction markets highlights their growing cultural and financial influence, potentially reshaping entert...
Robinhood’s expanding crypto bet meets a faster-moving prediction market boom
Robinhood is pushing deeper into crypto infrastructure with the launch of its own blockchain network, tokenized stocks and decentr...
CFTC Chairman Selig Blasts Illinois’s 0.2% Crypto Tax as a ‘Sin Tax’ on Blockchain
CFTC Chairman Michael Selig has taken direct aim at Illinois over its new tax on crypto transactions. In an op-ed published July 1...
CFTC’s Selig says Illinois lawmakers ‘decided they know better’ on crypto tax
CFTC Chair Michael Selig sharply criticized Illinois' decision to pass a law that puts into place a 0.2% tax on crypto transaction...
US and Oman seek alternatives to Iran’s tolls on Strait of Hormuz, where crypto payments loom large
The US and Oman's efforts to counter Iran's tolls on the Strait of Hormuz could reshape global oil logistics and impact crypto reg...