Utah set to block prediction markets as state-federal tensions rise
CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.
Why this matters
Kalshi is showing up inside the Prediction Markets 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
Easy money on Polymarket and Kalshi is disappearing as prop firms deploy AI agents
On July 28 and 29, the Federal Reserve meets to set its next rate decision, and traders will try to price the outcome through bond...
SEC Settles FOIA Suit With Coinbase. Agency Pays $150,000 Over Lost Gensler Text Messages
The US Securities and Exchange Commission has agreed to pay $150,000 in legal fees to settle a Freedom of Information Act lawsuit...
Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, and Prediction Markets
Bitcoin Magazine Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, and Prediction Markets Crypto giant Co...
Winklevoss twins gave Trump’s super PAC $10 million 23 days after CFTC joined Gemini relief bid
Newly filed federal election records show Cameron and Tyler Winklevoss gave $10.018 million in Bitcoin to MAGA Inc., the super PAC...
XRP Price Prediction: XRP Holds Above $1.14 as Bulls Battle to Reverse the Broader Downtrend
The move has improved the short-term technical picture, but the broader trend remains under pressure as XRP continues to trade bel...
Kalshi seeks approval for perpetual precious metals trading
Kalshi seeks CFTC approval for perpetual futures on gold, silver, and platinum after its Bitcoin perpetual contract generated $16....