The rise of prediction markets and their event contracts is creating a legal and regulatory tangle that may not be easy to sort out.
The U.S. Commodity Futures Trading Commission (CFTC) has pushed back against Super Bowl event contracts launched by the ...
The US Commodity Futures Trading Commission has reportedly asked Crypto.com and predictions market Kalshi to explain how ...
Election event contracts offered by platforms like Kalshi Inc. stand to receive the Commodity Futures Trading Commission’s ...
Crypto.com and Kalshi need to provide more information to the US CFTC to determine if their Super Bowl event contracts comply ...
The CFTC's roundtable review is expected to influence both centralized and blockchain-based prediction markets.
The regulator's probe is focused on the issue of sports being considered gaming, said New York-based crypto lawyer Aaron ...
Caroline Pham, the agency's acting chairman, is scheduling an experts roundtable to reset the CFTC's course on this "sinkhole ...
Robinhood had partnered with Kalshi to accept trades on the outcome of the Super Bowl and other sports events, in all 50 states.
Robinhood said on Tuesday it is rolling back the event contracts that would let users bet on the result of the Super Bowl ...
The Commodity Futures Trading Commission launched an inquiry on Monday into Crypto.com and Kalshi on how the companies' Super ...