Tag: Prediction

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CFTC Sues Wisconsin Over Prediction Market Jurisdiction

The US Commodity Futures Trading Commission on Tuesday sued the state of Wisconsin in the agency’s latest effort to assert jurisdiction over prediction markets...

CFTC sues Wisconsin in agency’s legal campaign defending prediction markets authority

Wisconsin has joined the growing number of U.S. states being sued by the Commodity Futures Trading Commission as that agency insists on its jurisdiction...

Trump Softens His Stance on Prediction Markets

US President Donald Trump has softened his stance on prediction markets just days after he bemoaned the surging interest and popularity of the betting...

Kalshi Says Bitcoin Payments And Prediction Markets Are Building A New Exchange For Big Money

Kalshi’s head of crypto, John Wang, used a Bitcoin 2026 fireside chat to argue that regulated prediction markets offer a more accessible way to...

CFTC Sues New York Over bid to Apply Gambling Laws to Prediction Markets

The Commodity Futures Trading Commission (CFTC) has filed a lawsuit against New York to stop the state from applying its gambling laws to federally...

Brazil Bans 27 Prediction Platforms, Including Kalshi and Polymarket

Brazilian authorities have moved to shut down 27 prediction market platforms, including Kalshi and Polymarket.The decision, announced Friday, follows a directive from the Ministry...

U.S. CFTC adds New York to string of states its suing to stop prediction market pushback

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its...

Wisconsin joins prediction market fight, suing Kalshi, Coinbase, Polymarket, Robinhood and Crypto.com

Prediction markets have a consistent line: their products are financial instruments, not bets. Wisconsin isn't buying it, and in a new complaint targeting Kalshi,...

New York, Illinois Ban Officials From Prediction Markets

New York Governor Kathy Hochul has signed an executive order banning state employees from betting on prediction markets, following a similar move by Illinois...

New York Sues Coinbase And Gemini Over Alleged Illegal Prediction Market Gambling Operations

New York Attorney General Letitia James has filed lawsuits against Coinbase Financial Markets and Gemini Titan, alleging that both companies operate illegal...

Prediction markets are the new secret weapon for Coinbase (COIN) and Robinhood (HOOD) growth

Prediction markets are gaining traction as a new growth area for Coinbase (COIN) and Robinhood (HOOD), as investors look beyond a weak first quarter...

New York sues Coinbase, Gemini over prediction market offerings

New York sued Coinbase and Gemini on Tuesday, becoming the latest state to argue that prediction market contracts dealing with sports, entertainment and elections...