Trump’s CFTC Head Slams Prediction Markets Resistance Under Predecessor
Caroline Pham, the agency’s acting chairman, is scheduling an experts roundtable to reset the CFTC’s course on this “sinkhole of legal uncertainty.”
Kalshi
Polymarket’s Customer Data Sought by CFTC Subpoena of Coinbase, Source Says
The U.S. Commodity Futures Trading Commission is said to be seeking information about customers’ interactions with the prediction market site Polymarket.
Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing
The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.
If U.S. Election Is Disputed, Prediction Markets Could Face ‘Hornet’s Nest’
How will Polymarket and Kalshi resolve their presidential bets if there’s another Jan. 6 or Bush v. Gore situation?
Prediction Market Kalshi to Supply Price Data for Crypto Oracle Stork
Initially, Kalshi’s feeds will power perpetual futures contracts on decentralized exchanges. Eventually, the centralized betting platform might referee on-chain prediction markets.
Activist Group Says Kalshi’s Election Market Should Be Shut Due to ‘Manipulative’ Whales
Better Markets is using Polymarket’s “French connection” as ammo against the prediction market’s regulated competitor.
U.S. Election Betting: Kalshi’s Polymarket Rival Quickly Gets Traction
In just three weeks, Kalshi’s presidential prediction market has passed $30M in volume. It still trails Polymarket’s $2 billion.
U.S. Election Betting: Federal Court ‘Erred’ in Letting Kalshi Launch Prediction Markets, CFTC Says
A federal judge “erred” in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court.
Kalshi Research Finds ‘Widespread Evidence’ of Strong Republican Momentum in U.S. Elections
A note from Kalshi’s market research team suggests the prediction market – polls gap can be explained by Harris’ sliding popularity with key demographics.
U.S. Election Betting: Regulated Presidential Markets Are Live, and Tiny Compared to Polymarket’s
With a month to go before Election Day, Kalshi and Interactive Brokers have listed prediction markets on the race for the White House.