Kalshi

Crypto

US Congress Opens Formal Probe into Kalshi and Polymarket, Targeting KYC and Trade Surveillance
Byaea2ede5_admin May 22, 2026

On Friday, the House Oversight Committee sent formal information requests to Kalshi and Polymarket, demanding internal records on identity verification and trade surveillance, escalating prediction markets to the compliance scrutiny Congress typically reserves for registered derivatives exchanges. Rep. James Comer (R-Ky.), committee chair, announced the inquiry, and is seeking detailed documentation on how each platform…

Read More US Congress Opens Formal Probe into Kalshi and Polymarket, Targeting KYC and Trade Surveillance
Crypto

Interactive Brokers Founder Wanted to Buy Kalshi in 2021: Tarek Mansour Revealed
Byaea2ede5_admin May 22, 2026

Thomas Peterffy, founder and Chairman of Interactive Brokers, wanted to buy Kalshi in 2021. Tarek Mansour, co-founder and CEO of the prediction markets giant, recently revealed that Peterffy invited Alfred Lin, a Sequoia partner, to his house and made an offer to buy Kalshi, but Tarek Mansour and Luana Lopes Lara, the platform’s co-founders, turned…

Read More Interactive Brokers Founder Wanted to Buy Kalshi in 2021: Tarek Mansour Revealed
Crypto

U.S. CFTC adds New York to string of states its suing to stop prediction market pushback
Byaea2ede5_admin April 24, 2026

The U.S. Commodity Futures Trading Commission sued New York on Friday in its latest action to shield what the agency has argued is its unassailable nationwide regulatory authority over prediction market firms. Earlier this week, New York sued Coinbase and Gemini, arguing that their prediction market contracts violated state gambling laws. And last year, the…

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Crypto

U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog
Byaea2ede5_admin April 16, 2026

The U.S. Commodity Futures Trading Commission is leaning into artificial intelligence and automation as it faces massive new oversight responsibilities, according to congressional testimony from Chairman Mike Selig, even as his agency’s workforce has declined significantly under the administration of President Donald Trump. About a quarter of the CFTC’s staff has left since 2025, under…

Read More U.S. CFTC’s Selig says AI has helped make up for staffing cuts at key crypto watchdog
Crypto

CFTC Chair Mike Selig argues for agency’s ‘exclusive regulatory authority’ in prediction markets fight: State of Crypto
Byaea2ede5_admin April 12, 2026

Commodity Futures Trading Commission Chairman Mike Selig told CoinDesk that the agency will continue to defend its “exclusive regulatory authority” to oversee prediction markets in court. “It doesn’t matter if it’s on sports, politics or anything else, if it’s a validly offered product within a CFTC-regulated exchange, then we regulate that,” Selig said. You’re reading…

Read More CFTC Chair Mike Selig argues for agency’s ‘exclusive regulatory authority’ in prediction markets fight: State of Crypto
Forex

Kalshi Defies U.S. Legal Tussle and Nevada Temporary Ban as Valuation Doubles to $22B
BySilas W March 20, 2026

Kalshi Inc. has raised more than $1 billion in new funding, valuing the prediction market platform at $22 billion, according to people familiar with the matter. The funding round comes amid a fresh setback in Nevada, where a state court imposed a 14‑day restraining order forcing the prediction market to stop offering sports, entertainment and…

Read More Kalshi Defies U.S. Legal Tussle and Nevada Temporary Ban as Valuation Doubles to $22B
Crypto

‘Khamenei Out’ Market Becomes Legal Headache for Kalshi
Byaea2ede5_admin March 4, 2026

Plaintiff law firm Lieff Cabraser said it is investigating Kalshi over the settlement of a prediction market tied to the fate of Iranian Supreme Leader Ali Khamenei, raising the possibility of a class-action lawsuit against the CFTC-regulated exchange. The inquiry follows controversy around Kalshi’s “Ali Khamenei out as Supreme Leader” market, which attracted more than…

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Crypto

Kalshi and Polymarket ‘Death Carveout’ Triggers Controversy, Insider Trading Allegations Related to Iran Airstrikes – The Daily Hodl
Byaea2ede5_admin March 3, 2026

Prediction markets Kalshi and Polymarket are facing backlash following trading activity tied to Iran airstrikes and the reported death of Iran’s Supreme Leader, Ali Khamenei. Kalshi CEO Tarek Mansour defended the platform’s handling of a market centered on whether Khamenei would be removed as Supreme Leader, emphasizing that the company does not allow markets that…

Read More Kalshi and Polymarket ‘Death Carveout’ Triggers Controversy, Insider Trading Allegations Related to Iran Airstrikes – The Daily Hodl
Forex

DriveWealth-Kalshi Tie-Up Delivers Event Trading Inside Mainstream Investing Platforms
BySilas W February 26, 2026

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Crypto

CFTC Enforcement Division Issues Prediction Markets Advisory Following Kalshi Fraud Cases – Blockonomi
Byaea2ede5_admin February 25, 2026

TLDR: The CFTC issued a prediction markets advisory on February 25, 2026, following two Kalshi enforcement cases. A political candidate received a five-year Kalshi ban and a $2,246.36 penalty for trading on his own candidacy. A YouTube editor was fined $20,397.58 and suspended two years for trading on material nonpublic information. The CFTC confirmed full…

Read More CFTC Enforcement Division Issues Prediction Markets Advisory Following Kalshi Fraud Cases – Blockonomi