
CFTC Moves to Classify Event Contracts as Swaps Amid Prediction Market Dispute
Treating event contracts as swaps could bolster the agency's argument that it holds exclusive federal jurisdiction over such products on regulated prediction markets.
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Treating event contracts as swaps could bolster the agency's argument that it holds exclusive federal jurisdiction over such products on regulated prediction markets.

All 11 Democratic members of the Senate Banking Committee want Chairman Tim Scott to convene a public hearing on prediction markets after Republicans met privately with Kalshi's CEO.

Ex-teleprompter operator Gabriel Perez used advance knowledge of Trump speeches to profit over $107,500 on prediction markets.

Court finds Minnesota law likely violates federal commodity law, halting state enforcement against prediction markets.

The sports merchandise giant gains control of its own prediction market infrastructure as event-based trading grows.
A Washington state court grants preliminary injunction against Kalshi, deeming its sports prediction markets illegal gambling.

Trump Media's plan to sell a Truth Social post feed to traders may create an uneven playing field for prediction markets.

EU regulators say derivative function outweighs labeling in assessing compliance.
Kalshi and ADI Predictstreet collaborate on a co-branded hub to expand World Cup prediction markets globally.
Kalshi files lawsuit against Illinois and Governor Pritzker challenging a new state regulatory framework for prediction markets.
Prediction market platform TurboFlow secures $6 million seed funding to serve Asian users as a localized alternative to Kalshi and Polymarket.

Financial services giant to offer binary bets on S&P 500 closing price.