CFTC exercises “Emergency Authority” to protect Kalshi from NY State prediction markets lawsuit
The CFTC has ordered Kalshi to continue to operate in accordance with the Commodity Exchange Act’s Core Principles.
The CFTC has ordered Kalshi to continue to operate in accordance with the Commodity Exchange Act’s Core Principles.
Crypto.com recently hired OKX alum Iskandar Vanblarcum to head its Prediction Markets unit.
Prediction markets are platforms that offer binary ‘event contracts’ based on the outcomes of future events.
New York Governor Kathy Hochul and Attorney General Letitia James today announced that New York has sued KalshiEX, LLC for running an illegal gambling operation.
Underdog has become the third-largest US prediction markets venue by US regulated notional volume flow, behind Kalshi and Robinhood.
Online brokerage tastytrade today launched Prediction Markets.
Traders can access both conventional trading and event contracts through one login, a single interface, and a consolidated account balance.
Last month the Michigan Attorney General’s office secured a court order, halting Kalshi’s sports wagers with Michigan residents.
The EU banned all binary options from being marketed and sold to retail traders back in 2018.
Michigan Attorney General Dana Nessel has secured a temporary restraining order in the Ingham County Circuit Court halting KalshiEx, LLC from unlawfully offering online sports wagers.