Kalshi Faces Regulatory Conflict as CFTC Blocks Michigan Orders
Kalshi is caught in a regulatory crossfire as the CFTC intervenes against a Michigan court ruling, complicating its operations in the state.
Tag Kalshi
Kalshi Challenges Illinois Prediction Market Restrictions in Court
Kalshi has initiated legal action against Illinois officials over new legislation that it claims unlawfully restricts its prediction market operations.
CFTC Approves Crypto Perpetual Futures Contracts, Signaling Regulatory Shift
The CFTC has issued a no-action position for Coinbase and approved Kalshi's perpetual futures contracts, indicating a more favorable regulatory stance towards crypto derivatives.
CFTC Faces Divergent Views on Prediction Market Regulations
The CFTC's proposed rules for prediction markets have elicited over 1,500 responses, revealing a split between support for regulatory guidance and calls for stricter oversight.
Senate Bans Members from Betting on Prediction Markets
In a unanimous vote, U.S. senators have prohibited themselves from participating in prediction markets, following revelations of candidates betting on their own campaigns.
taxation: Tax Day Dilemma: Navigating Prediction Market Profits
As prediction markets gain traction, tax experts face uncertainty over how to report winnings, leaving many taxpayers in a precarious position.
Kalshi Enforces Insider Trading Policy, Bans Politician and YouTube Editor
Kalshi has banned a former California gubernatorial candidate and a YouTube editor for violations of its insider trading policy, highlighting the platform's commitment to regulatory compliance.
