A King County Superior Court judge ruled Kalshi's sports and election event contracts constitute illegal gambling under Washington state law and ordered the pla

The CFTC is investigating prediction market contracts pegged to mentions of athletes or events, prompting Kalshi to voluntarily suspend such sports mention mark

JPMorgan Chase cut banking ties with Polymarket in 2025 citing regulatory risk, highlighting growing friction between traditional finance and prediction market

President Trump is scheduled to join a White House summit with executives from Coinbase, Kalshi, a16z, and Ripple to discuss cryptocurrency and prediction marke

Connecticut opposed Kalshi's bid to keep operating during an appeal, as a state court affirmed the state's authority to regulate Kalshi's sports event contracts

The city of Baltimore filed a lawsuit against Kalshi and Polymarket, alleging their sports prediction contracts violate state gambling laws.

The CFTC invoked emergency authority to protect Kalshi from a New York state crackdown, escalating the federal-state conflict over prediction market regulation.

California legislators are pushing for a federal prohibition on prediction market contracts tied to wildfires and natural disasters, citing public harm concerns

A federal court temporarily blocked Minnesota's law banning prediction markets, the first such state-level prohibition in the US.

The New York City Council opened an investigation into how prediction market platforms market their products, signaling growing municipal scrutiny.

The CFTC raised concerns that referral bonuses and promo codes on prediction platforms may inflate trading volumes and misrepresent market activity.

Kalshi integrated Nasdaq's market surveillance technology to bolster integrity and compliance as regulatory scrutiny intensifies.

Kalshi is reportedly seeking a $40 billion valuation in its next funding round, reflecting rapid growth amid regulatory turbulence.

Apex launched an API product that lets brokers offer Kalshi prediction markets without building their own futures commission merchant infrastructure.

Crypto.com is expanding into prediction markets in partnership with Solidus Labs, entering a space dominated by Kalshi and Polymarket.

The IRS issued guidance advising bettors to use licensed sportsbooks rather than prediction markets, citing tax reporting and legality concerns.

Mississippi State University disciplined student-athletes for trading on Kalshi in violation of NCAA rules prohibiting sports wagering.

A prediction market on the release date of Grand Theft Auto 6 became the largest entertainment-themed contract by volume, exceeding $4 million.