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The Commodity Futures Trading Commission (CFTC) sued Kentucky in federal court on June 23 to block the state’s crackdown on Kalshi and Polymarket – its ninth such suit since April,…
Kalshi is reportedly in talks to raise new capital at a $40 billion valuation, reflecting growing investor confidence in regulated prediction markets.
The prediction markets company claimed that it would be “irreparably harmed” when an Illinois law signed as part of a budget package goes in effect on July 1.
Cboe launched its first prediction market product tied to the S&P 500 index, citing a growing investor demand for binary options contracts.
Cboe launches prediction markets-style binary options tied to the Mini-S&P 500 Index, scaled to one-tenth the S&P 500 benchmark, allowing traders to take yes-or-no positions through broker platforms including Interactive…
The Commodity Futures Trading Commission has sued Kentucky, now the ninth state the regulator is battling in its fight over prediction markets.
The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place wagers using a points system rather than money.
Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed “Arena,” the New York Times reported Tuesday, citing two employees with knowledge…
Michael Selig told US cotton producers that the agency’s regulatory approach to crypto perpetual futures may not be a “natural fit for traditional commodity markets, like agriculture.”
Prediction market traders on Kalshi are pricing only a 19% to 22% chance that bitcoin crosses $100,000 before January 2027, with over $10 million wagered across timing contracts tied to…