Kalshi has added Comply as a second major enterprise compliance integration, giving firms another way to monitor employees’ trading in prediction market contracts alongside securities and digital-asset activity.Comply, which works with more than 5,000 primarily financial firms, is adding Kalshi tra…
Kalshi CEO Tarek Mansour invoked Nasdaq, Uber and Airbnb on Monday as he made his case for why New York’s lawsuit against his company is unfair."That same lawsuit, and it's not about sports; it's going after all prediction markets and their entire business model. You could copy and paste that lawsu…
Kalshi and Polymarket saw their combined trading volume soar to a new all-time high in July as prediction markets continued to gain steam around the World Cup.According to The Block's data dashboard, Kalshi, Polymarket, and Polymarket US posted $50.59 billion in combined monthly trading volume in J…
Polymarket, Polymarket US, and Kalshi posted a record combined trading volume of $50.6 billion in July. According to Odaily, Polymarket US trading volume rose 54% to $5 billion, while Polymarket trading volume fell 26% to $7.9 billion.
Former expelled U.S. Rep. George Santos settled with the Commodity Futures Trading Commission after the agency said he used trades on Kalshi to influence the outcome of a bet, generating more than $17,500 in profits.On Friday, the CFTC said Santos engaged in manipulative trading when he traded on a…
New York State has sued Kalshi for allegedly running an illegal gambling operation in the state, marking another setback for the prediction market platform.On Friday, New York Attorney General Letitia James filed a lawsuit seeking a court order to block Kalshi from operating in the state and requir…
A White House teleprompter operator accused of using inside knowledge to profit from prediction market bets on President Donald Trump’s speeches no longer works for the federal government, according to the Associated Press.A White House official said on Tuesday that Gabriel Perez, who had been plac…
Prediction-market combos and CFDs are structurally different, but their retail dynamics are beginning to look similar: professional firms price complex risk, while individual traders are drawn to products offering large potential payouts.On Kalshi, multi-leg combo markets accounted for 36% of contr…
A US federal judge has temporarily blocked Minnesota from enforcing its new prediction market ban against CFTC-regulated platforms Kalshi and Polymarket US.According to a July 27 court order granting the plaintiffs’ motions for preliminary injunctions, US District Judge Katherine Menendez found tha…
Prediction market operator Kalshi sent Netflix a cease-and-desist letter on July 24, accusing the trailer for its new documentary, "Instadocs: The Prediction Games," of defamation. According to Odaily, Kalshi asked Netflix to remove the trailer and issue a public correction before the film's premie…
Crypto-style derivatives have arrived in the AI compute market ahead of planned regulated futures, with offshore perpetual futures and prediction-market contracts already trading on GPU pricing while CME Group and Intercontinental Exchange await regulatory review, Bernstein said in a Friday note.Ar…
US President Donald Trump’s longtime teleprompter operator is in talks with federal regulators to settle allegations that he used nonpublic information to profit from bets on Kalshi markets tied to the president’s speeches, ABC News reported Thursday, citing sources familiar with the matter.Accordi…
President Donald Trump's teleprompter operator is under scrutiny following a report alleging that he made hundreds of thousands of dollars by using insider knowledge to place bets on Kalshi about what the president would say during his State of the Union address.On Thursday, ABC News reported that…
Sam Altman’s OpenAI is bringing prediction market data to ChatGPT, giving World Cup fans a new way to track match predictions.OpenAI has started displaying Kalshi’s prediction market odds for FIFA World Cup matches in ChatGPT search results, according to a report by The New York Times.The integrati…
North Carolina has enacted legislation that explicitly recognizes federal authority over prediction markets while imposing a tax rate lower than that on sports betting platforms.On July 7, Governor Josh Stein signed Senate Bill 257 as part of the state's 2026 budget bill.The legislation states that…
A federal judge has denied Kalshi's request to block New York from enforcing its gambling laws against the prediction market platform amid its ongoing battle against state regulators.In a Tuesday ruling, Southern District of New York Judge Analisa Torres denied Kalshi's motion for a preliminary inj…
Kalshi posted a record month for trading volume in June as the 2026 FIFA World Cup fueled activity across prediction markets.DefiLlama data shows Kalshi recorded nearly $9.4 billion in trading volume in June, up from about $5.3 billion in May. Polymarket International also climbed to roughly $4.3 b…
Prediction Markets Still Count as Binary OptionsThe European Securities and Markets Authority (ESMA) said on 3 July that products marketed as “event contracts” may still fall under the EU’s ban on binary options for retail clients, regardless of how they are branded. The statement was directed at b…
Spotify NYSE:SPOT reportedly removed more than 500K streams from Malcolm Todd's Earrings after suspicious Kalshi betting activity raised questions about manipulation around its U.S. chart position.According to the Financial Times, U.S. streams of the indie-pop track jumped nearly 70% between Sunday…
Prediction markets crossed another milestone in June, surpassing $50 billion in monthly trading volume for the first time.The same week, European regulators initiated a new coordinated response to the sector, DraftKings completed the launch of its own exchange, and Cboe proposed bringing prediction…
