Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.
Watchlist
Fresh in the current trading session. Multiple named entities are involved.
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 CoinDeskRelated market context
CME’s Duffy Clashes With Kalshi and the CFTC Chair Over Prediction Market Manipulation
A Commodity Futures Trading Commission advisory meeting turned into a public squabble Thursday, with CME Group Chairman and CEO Te...
CME CEO Terrence Duffy trades barbs with CFTC’s Selig and Kalshi’s COO over prediction market oversight
A CFTC ommittee meeting exposed a sharp divide between the worlds of traditional finance and prediction market platforms.
Uniswap Founder Warns CFTC That US Crypto Builders Are Moving Overseas
Uniswap founder Hayden Adams warned at the CFTC’s inaugural Innovation Advisory Committee meeting that regulatory uncertainty in t...
Kalshi’s Crypto Perpetual Futures Reach $17.98 Million Open Interest
Kalshi daily crypto perpetual-futures open interest reached a record $17.98 million. The reading puts attention on Kalshi’s CFTC-r...
CFTC Innovation Advisory Committee tackles prediction market risks in inaugural meeting
The CFTC's focus on prediction market risks signals a shift towards stricter regulation, impacting market stability and innovation...
Ripple SEC Case Becomes a Warning for Crypto Lawmakers
Ripple CEO Brad Garlinghouse is using his company’s own legal bill as evidence that Washington’s approach to digital assets has a...