event contracts
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Crypto
Kalshi Faces $60M Clawback as States Target Prediction Markets
Utah officials are seeking to force Kalshi and two Susquehanna trading companies to surrender between $30 million and $60 million…
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Crypto
CFTC Claims Event Contracts as Swaps, Exempts Casinos
The Commodity Futures Trading Commission moved Friday to formally classify prediction-market event contracts as swaps under federal law while simultaneously…
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Crypto
CFTC Moves to Claim Event Contracts as Swaps in Gambling Turf War
Federal derivatives regulators moved Friday to cement sole supervisory control over fast-growing prediction markets, establishing a sharp boundary between financial…
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Crypto
Blockchain.com Seeks CFTC Licenses for U.S. Event Contracts
A wave of cryptocurrency platforms is racing to secure federal derivatives licenses before state gambling regulators can shut down the…
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Crypto
Crypto Firm Seeks CFTC Prediction Market Licenses
A cryptocurrency company has filed applications for two licenses with the Commodity Futures Trading Commission, positioning itself to operate within…
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Crypto
NFL Urges Supreme Court to Review Kalshi Sports Betting Case
The National Football League has formally asked the U.S. Supreme Court to intervene in a jurisdictional battle between state regulators…
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Business
Tribes Launch Prediction Market Apps With Kalshi, Splitting Indian Country
Four Native American tribes have launched branded prediction market applications powered by Kalshi’s trading infrastructure, fracturing the unified legal front…
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Crypto
Bill Would Ban Federal Candidates From Betting on Own Races
Federal candidates and their immediate families would be prohibited from profiting off prediction market contracts tied to their own elections…
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Business
LDS Church Condemns Prediction Markets as Gambling Amid Legal Fight
The Church of Jesus Christ of Latter-day Saints has formally classified online prediction markets as gambling, escalating a cultural and…
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Business
U.S. Sports Betting Hits $166B as Prediction Markets Spark Legal War
A federal courtroom battle over whether sports prediction markets constitute gambling has fractured the U.S. legal landscape, threatening to redraw…
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