Small wagers on Katie Zacharia, a conservative commentator few saw as a front-runner, would have paid out multiples if the trades were valid, prompting the exch

The proposal would fold prediction market contracts into existing swap rules and draw a line against games of chance, a regulatory question central to Kalshi an

Surging NFL volume on event-contract exchanges is testing the boundary between federally regulated derivatives and state-licensed sports wagering.

The platform is tightening surveillance and hiring enforcement talent, including a former FBI agent, as regulators and critics question how much inside informat

The industry is pooling lobbying and legal resources as state gaming regulators and lawmakers challenge the legality of sports and election contracts.

The reported fundraising target would make the exchange one of the most valuable private US trading venues.

The move pushes the event-contract exchange into conventional listed derivatives, a business adjacent to but distinct from its election and sports markets.

The state's voters rejected sports wagering ballot measures, yet the federally regulated exchange offers NFL contracts to California residents.

Contracts on endorsements, rallies, debates and dropouts are attracting attention from critics who say political insiders can trade on non-public knowledge.

The case is an early criminal test of insider trading enforcement in prediction and event markets tied to geopolitical outcomes.

Contracts tied to clinical trial outcomes raise questions about whether traders could profit from information that affects patient safety.

Disclosure that the nonprofit is funded by the prediction market exchange undercuts its advocacy against gambling expansion.

The hire illustrates the industry's revolving-door strategy as it fights state and federal restrictions.

The criticism adds to the debate over whether event contracts are derivatives or unlicensed gambling.

The product expands the exchange's sports offering into season-long player performance contracts.

Traders sharply cut the probability of a six-figure bitcoin price milestone next year.

The market repriced the Democratic candidate's odds after he missed campaign events.

Traders see a near coin-flip in one of the week's marquee college football matchups.