Prediction market platform Kalshi recorded its highest ever monthly trading volume in June, fueled by the expanded FIFA World Cup, according to DefiLlama data.
The Massachusetts Attorney General has amended its lawsuit against Kalshi, alleging the prediction market targeted users under 21 for sports betting.
A Michigan Judge has temporarily blocked prediction market platform Kalshi from offering sports betting contracts to residents, intensifying the state-federal debate on gambling laws.
Bernstein suggests prediction market platforms Kalshi and Polymarket could become M&A targets as operational consolidation blurs lines between exchanges and sportsbooks.
Prediction market platform Kalshi is reportedly in talks to raise new capital at a staggering $40 billion valuation, almost doubling its last raise.
Prediction market operator Kalshi is reportedly targeting a **$40 billion** valuation and a new funding round in Q3, eyeing a potential public debut by **2027**.
Prediction markets platform Kalshi is suing Illinois officials to block a new state law set to cause "irreparable harm" to its operations from July 1.
Cboe, a major U.S. derivatives exchange, is reintroducing S&P 500 binary options after a decade, targeting a market popularized by Polymarket and Kalshi.
Prediction market platform Kalshi has added India to its list of 55 restricted jurisdictions after Indian authorities warned VPN providers.
CME Group has sued the CFTC, alleging the agency improperly approved Kalshi's first U.S. perpetual futures product, sparking regulatory debate.
Prediction market platform Kalshi is reportedly in early discussions with investment banks regarding a potential initial public offering (IPO).
Canadian financial platform Wealthsimple has launched a new app offering event-based prediction markets, powered by Kalshi, following recent regulatory approval.
CME Group's CEO announces plans to sue the CFTC, alleging that Kalshi's perpetual futures approval violates the Dodd-Frank Act's definition of a swap.
Kentucky's Attorney General has filed suit against Polymarket, Kalshi, Coinbase, Robinhood, and Webull over the offering of sports event contracts.
Kentucky regulators are moving to restrict prediction markets like Kalshi and Polymarket, creating a potential conflict with national political figures.
Prediction market platform Kalshi is boosting its surveillance capabilities with a new software partnership as regulatory battles over event-based contracts intensify.
A significant debate has emerged among US derivatives experts regarding the appropriate classification of crypto perpetual contracts, impacting their regulatory oversight.
Prediction market platform Kalshi is enhancing its security measures, requiring users to disclose employer information for high-risk markets to prevent insider trading.
Prediction market platform Kalshi introduces new rules, including employer disclosure for high-risk markets, to combat insider trading and manipulation.
The BBB has referred prediction market Kalshi to state regulators for failing to cooperate with an inquiry into its influencer marketing practices.
Sophisticated quantitative trading firms are increasingly targeting prediction platforms like Polymarket and Kalshi, not for simple betting, but to exploit market inefficiencies for profit.
A Republican representative plans to broaden a proposed ban on congressional stock trading to encompass prediction markets, aiming to curb potential conflicts of interest.
Retail trading platform Moomoo has partnered with Kalshi to introduce CFTC-regulated event contracts, allowing users to trade on outcomes of economic, political, and sports events.
Kalshi has officially launched the first regulated Bitcoin perpetual futures for American investors, marking a significant milestone in U.S. crypto markets.
Former Congressman George Santos is reportedly under investigation by the DOJ and CFTC for alleged illicit trading on a prediction market platform, Kalshi.
U.S. exchange Kalshi is moving to certify perpetual futures contracts for leading altcoins like XRP, Solana, and Dogecoin, aiming to expand regulated crypto derivatives.
The CFTC's approval for perpetual futures platforms like Kalshi, alongside Hyperliquid's market surge, signals evolving regulatory and trading landscapes in crypto.
Digital asset market maker Wintermute is now providing liquidity to major prediction platforms Kalshi and Polymarket, linking their operational flows.
The U.S. CFTC has approved the first Bitcoin perpetual futures contract for a U.S. exchange and granted Coinbase relief to connect U.S. clients to global crypto derivatives.
CFTC has authorized prediction market Kalshi to launch Bitcoin perpetual futures, marking a significant development for crypto derivatives in the U.S.