Tag: Markets

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Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle

Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.

Kalshi ordered to stop broad range of prediction markets in Washington

Kalshi must implement initial geofencing by Aug. 19 and a GeoComply multi-source geofencing system by Sept. 2.

Fear is fading across markets, be it bitcoin (BTC), stocks, gold or bonds: Crypto Daily

Scan the news and there are plenty of reasons for worry: continued U.S.-Iran escalation risks, mounting sovereign debt and rising bond yields among them....

City of Baltimore Goes After Prediction Markets for Sports Betting

The City of Baltimore and its mayor, Brendan Scott, filed lawsuits against Kalshi and Polymarket over allegations that the companies violated local gambling laws.In...

Prediction markets should dial back faulty filings for incentives to boost trading: CFTC

Like any regulated trading platform under authority of the Commodity Futures Trading Commission, prediction markets firms try to encourage heavy traders and for firms...

NYC council announces probe into ‘predatory marketing practices’ on prediction markets

Council Speaker Julie Menin sent letters to four companies offering prediction market services to New Yorkers as part of an investigation into their marketing...

Where the money’s flowing in bitcoin and ether markets

The demand for this bullish exposure suggests some investors expect the ongoing choppy price action in BTC to end with a decisive move toward...

CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit

"New York intends to make event contract derivatives waste away under its iron curtain of state gaming laws before the courts get the chance...

Federal Reserve holds rates steady, extending pause as markets await Warsh’s policy roadmap

The Federal Reserve left its benchmark fed funds rate range unchanged at 3.50%-3.75% on Wednesday, extending its pause for a sixth consecutive meeting as...

Bitcoin bounces to $64,300 but the real move waits on the Fed: Crypto Markets Today

The crypto market was mixed before the Federal Reserve’s interest-rate decision later Wednesday. The CoinDesk 20 Index has added 0.41% since midnight UTC, with...

CFTC Warns Prediction Markets Over Vague Self-Certification

For the second time this year, the US Commodity Futures Trading Commission (CFTC) issued a warning to prediction markets operators to follow the rules...

U.S. regulator warns prediction markets against cutting corners in event contracts

The U.S. Commodity Futures Trading Commission, which has claimed a role as the leading regulator of prediction markets firms run by companies such as...