A federal choose in Tennessee has quickly blocked state regulators from taking enforcement motion in opposition to Kalshi. Key Takeaways: A federal choose quickly blocked Tennessee regulators from imposing a cease-and-desist order in opposition to Kalshi. The courtroom discovered Kalshi would face irreparable hurt and is probably going to achieve arguing federal jurisdiction over its…
Tennessee’s regulator has ordered prediction market platforms Kalshi, Polymarket, and Crypto.com to cease providing sports-related contracts within the state. Key Takeaways: Tennessee ordered Kalshi, Polymarket and Crypto.com to halt sports-related contracts and difficulty refunds by Jan. 31, 2026. Regulators allege the platforms are providing unlicensed sports activities wagering in violation of state legislation. Failure to…
Polymarket has introduced a brand new unique partnership with Dow Jones that may carry its real-time prediction market knowledge to media properties like The Wall Street Journal, MarketWatch, Barron’s, and Investor’s Business Daily. Under the settlement, Dow Jones, a division of News Corp, will combine Polymarket possibilities into information protection and funding instruments, positioning prediction…
A federal choose has handed prediction markets platform Kalshi a short lived protect from enforcement after Connecticut regulators accused the corporate of operating unlicensed on-line playing. Key Takeaways: A federal choose quickly blocked Connecticut from imposing its playing order towards Kalshi. Kalshi argues its occasion contracts fall underneath the CFTC’s unique jurisdiction, not state playing…
Prediction markets platform Kalshi has secured a serious media breakthrough after signing a partnership with CNN, making the corporate the community’s official prediction markets associate whereas closing a $1 billion funding spherical at an $11 billion valuation. Key Takeaways: Kalshi grew to become CNN’s official prediction markets associate after elevating $1B at an $11B valuation….
Kalshi has switched on tokenized variations of its occasion contracts on Solana, making its first specific play to court docket the identical crypto-native merchants who’ve funneled billions of {dollars} into rival prediction platform Polymarket. Instead of holding positions solely as conventional off-chain contracts on Kalshi’s regulated venue, customers can now purchase and promote tokenized representations…
If you open your brokerage this yr and a “Markets” tab appears to be sprouting unfamiliar sure/no questions (“Will the Fed minimize charges in March?”, “Will a significant ETF get accredited this quarter?”), you wouldn’t essentially be hallucinating. The latest regulatory green-light for Polymarket by way of a cleared path below its latest acquisition of…
Kalshi, a federally regulated derivatives alternate, filed a lawsuit within the United States District Court for the Southern District of New York difficult the state’s try to shut down its sports activities prediction markets, arguing that New York’s enforcement actions violate federal authority over derivatives buying and selling. The grievance, filed as KalshiEX LLC v….
A high-stakes capital race has redefined the prediction market. Kalshi’s $300 million raise at a $5 billion valuation positioned it as essentially the most useful CFTC-regulated event-contract trade in historical past. The agency’s growth into 140 international locations and rising checklist of macro and cultural markets appeared to cement its place as the worldwide chief….
Polymarket is about to reopen to US customers after almost 4 years of an efficient ban by the Commodity Futures Trading Commission, with filings indicating the platform might launch as early as October 2. The prediction market acquired QCX LLC for $112 million in July, securing a Designated Contract Market license that permits it to…