US appeals court upholds preventing New Jersey enforcement against Kalshi
In recent developments, as states seek to regulate prediction markets, a panel of federal judges ruled in favor of Kalshi’s position that only the CFTC has jurisdiction. Looking closer, market…
Nevada Court Rules Kalshi Event Contracts Align With Gambling Laws
In recent developments, a Nevada judge has extended a ban on Kalshi, ruling its event contracts are indistinguishable from illegal gambling. Key Takeaways Judge Jason Woodbury issued a preliminary injunction…
Nevada judge extends ban on Kalshi, rejects event contract defense
In recent developments, the judge said Kalshi’s event contracts are indistinguishable from sports betting, supporting the state’s position that the platform requires a gaming license. Looking closer, market participants highlight…
Washington State Targets Kalshi in Illegal Online Betting Lawsuit
In recent developments, washington Attorney General Nick Brown filed a civil lawsuit against prediction market platform KalshiEx LLC this week, alleging the company runs an illegal online gambling operation in…
Kalshi legal woes grow with Washington state gambling suit
In recent developments, the Washington attorney general became the latest state authority to sue Kalshi, alleging on Friday that the prediction markets operator violated state regulations. Looking closer, market participants…
Polymarket, Kalshi Make Moves to Counter Insider Trading as Scrutiny Grows
In recent developments, leading prediction market platforms Polymarket and Kalshi are taking new steps to try and counter insider trading. The development has drawn attention from traders and analysts who…
Kalshi joins Polymarket in sweeping user bans to head off insider trading
In recent developments, kalshi and Polymarket have moved to restrict insider trading on the same day lawmakers introduced a bipartisan bill to ban popular sports event contracts. Looking closer, market…
Kalshi Hits $22 Billion Valuation as $1 Billion Capital Injection Defies Regu…
In recent developments, kalshi has raised over $1 billion, increasing its valuation to $22 billion in just three months, signaling strong investor confidence despite regulatory challenges. Hyper-Growth in the ‘…
Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports
In recent developments, kalshi has raised $1 billion at a $22 billion valuation, doubling its worth in just three months. The development has drawn attention from traders and analysts who…
Kalshi Ordered to Temporarily Stop Operations in Nevada
In recent developments, a State Judge signed a restraining order barring the company from offering some kinds of prediction market contracts in the state, as the battle between state and…
XRP Struggles Near $1.10 Despite Ripple’s EU Regulatory Milestone
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