Kalshi sues Illinois officials over prediction markets restrictions
Prediction markets company Kalshi has filed a lawsuit against state officials in Illinois over legislation it says “expressly bans sports event contracts” on its platform....
Tag : Kalshi
Kalshi launches Zcash and SHIB perps as lawsuit heats up
Kalshi has expanded its CFTC-regulated crypto perpetuals lineup to 13 digital assets after launching new contracts tied to Zcash, Near Protocol, and Shiba Inu, while...
CFTC fires back after Kentucky targets Polymarket, Kalshi
The Commodity Futures Trading Commission has sued Kentucky in federal court, seeking to stop the state from enforcing gaming laws against federally regulated prediction market...
CBOE eyes crypto perpetuals as Kalshi upends futures market
CBOE has begun evaluating a conversion of its Bitcoin and Ether futures into perpetual contracts after crypto perpetuals generated more than $8.5 billion in trading...
Kalshi restricts Indian users after regulatory pressure on prediction markets
Kalshi has added India to its list of restricted jurisdictions, preventing residents from accessing the U.S.-based prediction market platform, based on an updated members’ agreement...
Kalshi adds India to growing list of restricted jurisdictions
Prediction market Kalshi has added India to its list of restricted jurisdictions, according to a members’ agreement document updated on Wednesday. The document now lists...
Charles Schwab challenges Kalshi with new S&P 500 prediction market
Charles Schwab has entered the prediction markets business through a partnership with Cboe Global Markets, introducing new contracts tied to the performance of the S&P...
Kalshi in early IPO talks with investment banks: Report
Prediction market Kalshi is reportedly in early, informal talks with investment banks about an initial public offering (IPO), despite increasing regulatory scrutiny over sports betting...
Kalshi IPO discussions emerge as monthly volume supasses $16 billion
Kalshi has exceeded a $2 billion annualized revenue run rate as the prediction market operator has begun early discussions with investment banks about a potential...
Wealthsimple brings 4,000 Kalshi prediction market contracts to Canada
Wealthsimple has secured approval to offer roughly 4,000 prediction market contracts in Canada, expanding retail access to event-based trading through a new partnership with Kalshi....