Kalshi's Sept. 1 contract now trades at 2 cents, while the price on enactment before Jan. 1, 2028 ticked up, moving the implied probability out of this year and into the next.
The Defiant•The Defiant Team5 Aug
Prediction markets are shifting expectations for the CLARITY Act into 2027 after Senate leaders declined to start the procedural process needed for a vote before the August recess. CLARITY Act odds shift toward 2027 Kalshi traders have become more doubtful…
Kalshi's integration of crypto and tokenized contracts could redefine event trading, but regulatory uncertainties pose significant risks for investors.
CryptoBriefing•Editorial Team4 Aug
Kalshi has partnered with compliance technology provider Comply to help financial firms monitor employee activity on prediction markets as the platform expands its institutional business while fighting a multibillion-dollar lawsuit in New York. Kalshi adds employee trade surveillance The partnership…
New York’s Kalshi lawsuit targets sports, election and entertainment contracts while challenging the platform’s federal-regulation defence.
AMBCrypto•Adewale Olarinde4 Aug
The ruling leaves New York’s case against Kalshi in place while allowing the CFTC to renew its request before Judge Victor Marrero.
Cointelegraph•Cointelegraph by Zoltan Vardai4 Aug
George Santos has settled CFTC case over Kalshi prediction market trades by accepting penalties and a three-year trading ban after regulators found he made misleading public statements while betting on his attendance at President Donald Trump’s State of the Union…
Former U.S. Rep. George Santos will pay $35,069.98 and accept a three-year trading ban to settle CFTC findings that he manipulated a Kalshi market tied to his own State of the Union attendance. A final order reveals he profited first from Yes contracts, then switched to No while continuing to tell the public he planned […]
Bitcoin.com News•Luci Kelemen4 Aug
Kalshi CEO Tarek Mansour compares the platform to Nasdaq as New York’s $36 billion gambling lawsuit shifts into federal court after removal.
Tarek Mansour, CEO of Kalshi, stressed that the legal actions the state of New York has taken against his platform are being pushed by the gambling industry lobby. Mansour stressed that if New York takes Kalshi down, “they’re gonna have a lot of pissed off New Yorkers.” Kalshi CEO Tarek Mansour Claims Gambling Lobby Is […]
Bitcoin.com News•Sergio Goschenko4 Aug
"You could copy and paste that lawsuit and file it against Nasdaq,” Kalshi CEO Tarek Mansour said during an interview with CNBC.
The Block•RT Watson3 Aug
The Santos case highlights the need for stricter regulations in prediction markets to prevent self-referential trading and ensure market integrity.
CryptoBriefing•Editorial Team3 Aug
Kalshi's expansion into rapid commodity trading could democratize access to precious metals markets, attracting both retail and institutional investors.
CryptoBriefing•Editorial Team3 AugNew York filed the most aggressive state action against the prediction market industry two days after the Second Circuit denied Kalshi emergency relief on July 29. The suit arrived with a coordinated announcement from the AG and the Governor, counts…
Prediction markets Kalshi, Polymarket and Polymarket US reached $50.6 billion in July volume as World Cup trading drove a monthly record.
Notably, Polymarket US's volume rose 54% while the main Polymarket platform's volume fell 26% compared to June.
The Block•Danny Park3 Aug
A White House teleprompter operator at the center of Trump speech betting allegations is out of government.
New York state officials have sued Kalshi for allegedly operating an illegal gambling business without a license by offering bets on sports, elections and other events. The lawsuit aims to stop operations in the state and seek penalties.
The Daily Hodl•Daily Hodl Agent2 Aug
Minnesota’s prediction market ban remains blocked as the CFTC, state regulators and political groups fight over control of event contracts.
The July 31 petition also seeks restitution and three times alleged gains, while the federal merits remain unresolved.
CryptoSlate•Liam 'Akiba' Wright2 Aug