Tensions Flare as CME, Kalshi Execs Clash Over Prediction Markets in DC
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Kalshi Pushes Beyond Prediction Markets With Copper Perpetual Futures
The prediction market operator is seeking CFTC approval for a copper perpetual as it moves further into traditional derivatives markets.
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.
Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
Robinhood will route event contracts through OG.com’s CFTC-regulated infrastructure as it expands its prediction markets business.
City of Baltimore goes after prediction markets for sports betting
The city’s complaint over gambling laws and deceptive trade practices included Robinhood, Webull and Coinbase as partners with prediction market platform Kalshi.
*ROBINHOOD, https://t.co/SfkkT7qZuo EYE PREDICTION-MARKETS PARTNERSHIP: WSJ: BBG
AggrNews News, *Robinhood, HTTPS://T.CO/SFKKT7QZUO Eye PREDICTION-MARKETS PARTNERSHIP: WSJ: BBG
CFTC Sends White House New Rules to Cement Its Grip on Prediction Markets
The two proposals would define event contracts as "swaps" while excluding "casino-style gambling products"—a bid to cement the agency's exclusive jurisdiction as states sue prediction-market operators over gambling claims.