Kalshi

Kalshi

Policy

U.S. Federal Reserve researchers sing praises of prediction markets

A deep look at predictions on Kalshi called such platforms valuable to policymakers and researchers, according to a new Fed paper.

Kalshi website on a laptop.

Policy

CFTC's Selig opens legal dispute against states getting in way of prediction markets

Commodity Futures Trading Commission Chairman Mike Selig fired a legal warning shot defending his agency's jurisdiction over the event contract space.

U.S. Commodity Futures Trading Commission Chairman Mike Selig (Jesse Hamilton/CoinDesk)

Finance

Jump Trading to take small stakes in Polymarket, Kalshi: Bloomberg

Jump is set to take a fixed amount of equity in prediction market Kalshi, while its stake in Polymarket will grow over time depending on the trading capacity that the firm provides.

Stock trading charts. (sergeitokmakov/Pixabay, modified by CoinDesk)

Policy

U.S. regulator declares do-over on prediction markets, throwing out Biden era 'frolic'

The Commodity Futures Trading Commission tumultuous legal fight with events-contracts firms is done, and its new leader is yanking previous policy efforts.

CFTC Chair Mike Selig (left) and SEC Chair Paul Atkins (Jesse Hamilton/CoinDesk)

Policy

Massachusetts judge poised to tell Kalshi to stop taking sports bets in state

The prediction market platform Kalshi will be preliminarily ordered by a superior court justice in Massachusetts to halt its online sports business there.

Massachusetts great seal in the Senate chamber (courtesy General Court of the Commonwealth of Massachusetts)

Policy

NCAA urges CFTC to pause college sports prediction markets

The group says contracts mirror sports betting but lack safeguards, warning transfer portal markets could pose “catastrophic” risks to student athletes.

(Ben Hershley/Unsplash)

Policy

Federal judge temporarily halts Tennessee's bid to shut down Kalshi sports contracts

A new ruling freezes a state cease-and-desist order while the court considers whether Kalshi’s CFTC-regulated platform is shielded from state gambling laws.

Kalshi website on a laptop.

Policy

Tennessee orders Kalshi, Polymarket and Crypto.com to cease sports betting contracts

The firms, federally regulated by the CFTC, were told to shut down Tennessee-based activity, refund deposits, and void open contracts by Jan. 31.

Kalshi website on a laptop.

Finance

Prediction markets beat Wall Street in forecasting inflation, Kalshi says

Kalshi's markets aggregate information from diverse traders with financial incentives, creating a "wisdom of the crowd" effect, the platform said.

Kalshi website on a laptop.

Markets

Prediction Markets Are Quietly Turning Into a New Asset Class, Citizens Says

The bank said event markets are still tiny versus stocks but are rapidly expanding beyond sports into macro and policy risk.

Hands rest on the keyboard of a laptop showing trading graphs, data. (Kanchanara / Unsplash modified by CoinDesk)