Minnesota’s Prediction Market Ban Hits Legal Roadblock After Federal Court Ruling
Kalshi and Polymarket can keep serving Minnesota users after a judge found federal law likely preempts the state's prediction market ban.
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Judge Blocks Minnesota's Prediction Market Ban
A federal judge blocked Minnesota's prediction market ban, ruling it preempted by federal law, hours after Kalshi lost a separate motion in NY.
Federal court shields Kalshi and Polymarket from Minnesota’s felony crackdown days before deadline
KalshiEX and Polymarket US can keep serving Minnesota users while the merits and contract boundary remain unsettled.
CryptoSlate•Liam 'Akiba' Wright28 Jul
Kalshi and Polymarket now let you bet on drug approvals, and not everyone is thrilled about it
The emergence of drug approval betting markets raises ethical concerns and potential regulatory challenges, impacting biotech and crypto sectors.
CryptoBriefing•Editorial Team28 Jul
Court Sides With Kalshi and Polymarket Over Minnesota’s August 1 Ban
A federal judge blocked Minnesota’s prediction market ban on Monday, handing Kalshi, Polymarket US, and the Commodity Futures Trading Commission (CFTC) a preliminary injunction days before the law’s August 1 effective date. US District Judge Katherine Menendez found the Commodity Exchange Act (CEA) likely preempts the statute. Her order bars enforcement against CFTC-registered designated contract
BeInCrypto•Kamina Bashir28 Jul
Kalshi, Polymarket Score Win as Judge Blocks Minnesota Prediction Market Ban—For Now
The order turns on whether each contract counts as a swap under federal law, and the judge found that not every one does.
Judge blocks Minnesota from enforcing prediction market ban in win for Kalshi, Polymarket
A federal judge issued a preliminary injunction on Monday, blocking Minnesota from enforcing its new law banning prediction markets.
The Block•Timmy Shen28 Jul
Kalshi loses emergency injunction bid in federal court
Kalshi lost an injunction-pending-appeal bid in New York, while its separate emergency motion before the Second Circuit remains unresolved.
Kalshi and Polymarket win Minnesota injunction
Kalshi and Polymarket US won an injunction blocking Minnesota’s prediction market ban while three federal cases move toward final rulings.
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.
Cointelegraph•Cointelegraph by Ezra Reguerra28 Jul
Kalshi Was Warned of Spotify Manipulation Before Settling $3.3M Market
A prominent Kalshi trader says he asked the exchange to delay a $3.3 million Spotify-market settlement while its enforcement team examined signs of artificial streaming. Kalshi paid the market minutes after its final response, a day before Spotify stripped 523,000 fraudulent streams from the winning song. Kalshi Settled a $3.3M Spotify Market Minutes After a […]
Bitcoin.com News•Luci Kelemen28 Jul
Kalshi and Polymarket win injunction against Minnesota prediction market ban
The injunction highlights ongoing tensions between state and federal authority over prediction markets, potentially influencing future regulations.
CryptoBriefing•Editorial Team27 Jul
Kalshi, Polymarket win pause against Minnesota's prediction market ban
CoinDesk•Nikhilesh De27 Jul
Robinhood bought a license. Kalshi had built a business
For a year Robinhood was Kalshi’s largest distributor. Then it bought a CFTC-licensed exchange off the shelf, put Susquehanna behind the order book, and began routing its own flow to itself. The World Cup was the proving ground, the migration…
Report: Kalshi Accuses Netflix of Defamation Over Trailer for New Prediction Markets Film
Prediction market operator Kalshi sent Netflix a cease and desist letter on July 24, 2026, accusing the streaming company of defamation over the trailer for its upcoming documentary “Instadocs: The Prediction Games.” The document didn’t stay under wraps for long. CNN and The Hollywood Reporter were among the outlets that obtained it directly. Kalshi wants […]
Bitcoin.com News•Jamie Redman25 Jul
Robinhood in talks to add Crypto.com prediction markets as Kalshi rivalry grows: WSJ
A deal would let Robinhood customers trade yes-or-no contracts offered through Crypto.com’s derivatives business, though no deal has yet been reached.
The Block•Zack Abrams25 JulU
XRP Likely to Fall Below $1 This Year: Kalshi
Kalshi traders are betting on XRP dropping below the $1 mark before the year runs out as the frequent volatility stirs uncertainty about XRP's price potential.
U.Today•Caroline Amosun25 Jul
Polymarket Bettors Give Ethereum Just a 17% Shot at Reaching $3,000 in 2026
Traders on Polymarket and Kalshi are staking millions of dollars on where ethereum’s price lands before the end of 2026, with the market split almost evenly on whether the token hits $1,000 or $3,000 first. Ethereum traded near $1,860 on Saturday, July 25, down from a recent high above $1,950 reached earlier in the week. […]
Bitcoin.com News•Jamie Redman25 Jul
The exchanges bought the bookies. Now comes the data war
The New York Stock Exchange’s parent just completed a $2 billion bet on Polymarket. Kalshi raised a billion at $22 billion while generating fee revenue most exchanges would envy. Seven bills in Congress want the whole category banned. Wall Street…
Kalshi traders see 57% chance of Bitcoin falling below $55K this year
Kalshi prediction market traders price a 57% chance Bitcoin falls below $55K in 2026, with related contracts showing 43% odds of a dip under
CryptoBriefing•Editorial Team25 Jul