A significant development has emerged in the ongoing legal confrontation between prediction market platform Kalshi and state regulators. A federal judge in Tennessee has issued a preliminary injunction, effectively barring
The chief of the New York Stock Exchange (NYSE) has recently shed light on the significant impact that prediction platforms can have on traditional markets. According to the NYSE chief,
In a recent development, the Nevada Gaming Control Board has initiated a civil enforcement action against KalshiEX LLC, a federally regulated prediction market operator, alleging that the company has been
The United States Commodity Futures Trading Commission (CFTC) has taken a decisive step to assert its dominance over the realm of prediction markets, submitting a friend-of-the-court brief in response to
In a notable development, the Commodity Futures Trading Commission (CFTC) has formally withdrawn a proposal aimed at banning sports and political prediction markets, which was initially introduced during the Biden