Kalshi, Polymarket win pause against Minnesota's prediction market ban
A federal judge ruled that Minnesota's law criminalizing prediction markets would probably violate the federal Commodity Exchange Act. Source：CoinDesk
Kalshi rolls out Midterm Hubs ahead of the November elections in the U.S.
The prediction markets platform seeks to position itself as the primary source for election odds ahead of the midterm elections this year. Source：CoinDesk
Talos brings institutional trading tools to Kalshi prediction markets
The integration provides institutional clients with access to Kalshi’s event contracts and crypto perpetuals via Talos’ existing trading infrastructure.…
Kalshi says CFTC, Michigan orders leave it in ‘impossible position’
“We are disappointed by this decision and believe it is unfair to Kalshi,” the company’s legal counsel said on X. Source：Cointelegraph
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.…
OpenAI quietly adds Kalshi World Cup odds to ChatGPT: Report
OpenAI’s ChatGPT now displays Kalshi’s World Cup prediction market odds in search results, marking the AI firm’s first reported deal with a prediction market…
Why prediction markets like Polymarket and Kalshi often fail the average investor
Big traders don’t always know best. Source：MarketWatch
Wall Street banks tighten prediction market rules for staff as insider fears spread
Wall Street banks, including Goldman Sachs and Morgan Stanley, are restricting employee prediction market trades as insider trading fears spread across…
Polymarket seeks approval to bring margin trading to U.S. customers
Polymarket's application to allow users to take positions that are not fully collateralized follows authorization granted to rival Kalshi in March.…
Kalshi files same-day appeal of NY court's rejection of bid to block state gambling law enforcement
Kalshi appealed to the Second Circuit after a New York federal judge denied its request to block state gambling officials from enforcing local laws against its…
Kalshi and prediction market sector embroiled in mixed bag of legal fights across U.S.
Some of the many battles with state gaming regulators aren't going well for the industry at the moment, but it isn't without its wouldbe government protectors.…
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