NY judge denies CFTC motion to halt enforcement action against Kalshi
The ruling leaves New York’s case against Kalshi in place while allowing the CFTC to renew its request before Judge Victor Marrero. Source:Cointelegraph
New York sues Kalshi over alleged illegal gambling operation
The lawsuit adds to a growing clash between New York and the CFTC over whether federally regulated prediction markets are subject to state gambling laws.…
New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'
The suit wants to bar the company from operating what it says is an unlicensed gambling business and seeks financial redress. Source:CoinDesk
Trump teleprompter operator accused over Kalshi bets leaves government: AP
Gabriel Perez, who was accused of profiting from Kalshi bets tied to President Donald Trump’s speeches, is no longer employed by the federal government.…
US judge temporarily blocks Minnesota prediction market ban
The preliminary injunction allows Kalshi and Polymarket US to continue operating in Minnesota while the court considers their challenge to the state law.…
Kalshi, Polymarket win pause against Minnesota's prediction market ban
A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act. Source:CoinDesk
Kalshi rolls out Midterm Hubs ahead of the November elections in the U.S.
The prediction markets platform seeks to position itself as the primary source for election odds ahead of the midterm elections this year. Source:CoinDesk
Talos brings institutional trading tools to Kalshi prediction markets
The integration provides institutional clients with access to Kalshi’s event contracts and crypto perpetuals via Talos’ existing trading infrastructure.…
Trump teleprompter operator made $100K betting on Kalshi markets tied to speeches: ABC
According to ABC News, federal regulators are investigating whether the longtime White House staffer used nonpublic information to profit from event contracts…
Kalshi says CFTC, Michigan orders leave it in ‘impossible position’
“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X. Source:Cointelegraph
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.…
OpenAI quietly adds Kalshi World Cup odds to ChatGPT: Report
OpenAI’s ChatGPT now displays Kalshi’s World Cup prediction market odds in search results, marking the AI firm’s first reported deal with a prediction market…