Federal court blocks Arizona crackdown on Kalshi’s event contracts

In recent developments, a federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. Looking closer, market participants highlight key drivers…

CFTC Secures Court Order Blocking Arizona Criminal Case Against Prediction Ma…

In recent developments, federal intervention is tightening control over U.S. prediction markets as courts back centralized oversight, escalating a clash between regulators and states over jurisdiction and enforcement boundaries. Key…

DOJ and CFTC seek halt to Arizona action against Kalshi

In recent developments, the US Justice Department and commodities regulator asked a federal court to block Arizona’s action against Kalshi, arguing federally regulated event contracts fall under CFTC jurisdiction. Looking…

Arizona Challenges Kalshi’s Federal Status With Unlicensed Gambling Charges

In recent developments, arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling operation and accepted illegal election wagers within the state. Prediction…

Arizona lawmaker proposes barring taxes on crypto and blockchain

In recent developments, two bills and one resolution proposed by state lawmaker Wendy Rogers could allow Arizona voters to change the state’s taxation laws applied to digital assets and blockchain.…