The federal regulator filed a lawsuit against Wisconsin after the state brought civil suits against five CFTC-regulated prediction market platforms, alleging felony violations of state gambling law.
Kalshi
The federal regulator filed for a preliminary injunction and temporary restraining order in Arizona, escalating a preemption battle over whether states can apply gambling laws to CFTC-regulated event contracts.
The Division of Market Oversight reminded designated contract markets of their compliance obligations when listing event contracts, singling out sports-related products for additional guidance.
A Nevada court decision this week sent Kalshi’s case back to state jurisdiction, opening the door for faster injunctive action.
Coinbase has announced a broad expansion of its platform, adding stock trading, prediction markets and additional derivatives products.
Robinhood is preparing to roll out personalised sports parlays early next year, branded “combos”, as part of a broader effort to stay competitive with financial technology platforms that have increasingly incorporated betting-style products.
Quadcode got an amazing deal by selling its QCEX operations to Polymarket earlier this year – we explain why.
Kalshi data will now appear on CNBC’s shows, with Kalshi also hosting a CNBC-branded page on its website.
