U.S. Election Betting: CFTC and Kalshi Face Off in Appeals Court
The CFTC and Kalshi, a prediction-betting platform, are embroiled in a legal battle over Kalshi's efforts to launch political prediction markets in the U.S.
The CFTC and Kalshi, a prediction-betting platform, are embroiled in a legal battle over Kalshi's efforts to launch political prediction markets in the U.S.
CFTC warns offshore crypto betting platforms offering derivatives to US customers must register or face enforcement action.
Rep. Ritchie Torres urges the CFTC to focus on regulating election markets following a court ruling against its authority over Kalshi's contracts.
The CFTC swiftly appeals a ruling against its authority block Kalshi's election contracts, raising concerns about election integrity in the crypto sector.
A federal judge has ruled that the CFTC exceeded its statutory authority in blocking Kalshi's political prediction markets, saying elections are not a form of gaming.
CFTC files emergency motion to halt Kalshi's listing of election prediction contracts, as Bitcoin and Ethereum ETFs drop to new lows amid bearish market.
Regulatory battles, bearish crypto markets, and upcoming crypto advocacy events - a snapshot of the dynamic crypto world.
Regulators rush to prevent Kalshi from listing election betting markets as they await the judge's rationale for siding with the prediction platform.
Kalshi, a US-regulated prediction market platform, wins federal lawsuit against CFTC, allowing it to offer contracts on which party will control Congress after the 2024 election.
Uniswap will pay $175,000 to settle charges it offered illegal leveraged and margined commodities transactions, the CFTC announced.
The CFTC charges Uniswap Labs with illegally offering leveraged cryptocurrency trading to US retail investors, highlighting regulatory scrutiny in the DeFi space.