Tennessee Judge Blocks State Enforcement Against Kalshi
A federal judge granted Kalshi a preliminary injunction preventing Tennessee from enforcing state betting laws against its event contracts during ongoing litigation.
A federal judge granted Kalshi a preliminary injunction preventing Tennessee from enforcing state betting laws against its event contracts during ongoing litigation.
The CFTC has filed a court brief claiming exclusive federal jurisdiction over prediction markets, intensifying a regulatory clash with states over event contracts and digital trading platforms.
Nevada has filed a civil enforcement action against Kalshi after a federal appeals court denied the firm’s attempt to block state regulatory action.
Bitwise and GraniteShares have filed for prediction market-style ETFs tied to US election outcomes, expanding the financialization of event-based derivatives.
Coinbase shares rose 12% despite missing Q4 revenue and profit estimates, as analysts lowered price targets citing weak trading and macro pressures.
Hong Kong’s securities regulator will allow licensed brokers to offer digital asset margin financing and set rules for crypto perpetual contracts for professional investors.
The CFTC has formally withdrawn a Biden-era proposal that sought to prohibit sports and political prediction markets, signaling a regulatory shift toward event-based derivatives.
Nevada regulators have moved to block Coinbase’s prediction market offerings, arguing the exchange is facilitating unlicensed sports wagering through event-based contracts.
Crypto.com has launched OG, a standalone prediction market app for U.S. users, separating the business after rapid growth in event-based trading.
Cboe Global Markets is exploring the return of all-or-nothing binary options as a regulated alternative to fast-growing prediction markets dominated by Kalshi and Polymarket.
Thailand’s securities regulator is drafting rules for crypto ETFs and futures trading as the country seeks to attract more institutional participation.
Architect Financial Technologies plans to introduce perpetual futures tied to AI compute pricing, extending crypto-style derivatives into emerging infrastructure markets.
Crypto exchange Backpack has launched an invite-only beta of its Unified Prediction Portfolio, aiming to integrate prediction markets with broader trading activity under a single margin system.
A federal judge has temporarily blocked Tennessee regulators from enforcing a cease-and-desist order against prediction market Kalshi.
The SEC has postponed rulings on two crypto ETFs while opening a public comment period for options tied to a Grayscale multi-asset crypto fund.