Crypto.com and Kalshi face CFTC scrutiny over Super Bowl event contracts
Prediction markets are booming, but the CFTC is paying attention. With Crypto.com and Kalshi under review, could stricter oversight be coming for event-based trading? The Commodity Futures Trading Commission is closely scrutinizing Crypto.com and Kalshi Inc., seeking clarity on how their newly launched Super Bowl event contracts align with U.S. derivatives regulations, according to Bloomberg. […]
Polymarket, Kalshi bettors expect TikTok ban: But when?
Cryptocurrency prediction markets are showing strong odds that TikTok will face a ban in the U.S. by May 2025. According to the latest information, leading platforms Polymarket and Kalshi both show a high probability of the ByteDance-owned app being shut down. Source: Polymarket Polymarket’s data shows a 79% likelihood of a TikTok ban, with trading […]
Donald Trump Jr. joins Kalshi as a strategic advisor
Donald Trump Jr., the eldest son of President-elect Donald Trump, has joined prediction market platform Kalshi as a strategic advisor. The move highlights Trump Jr.’s growing interest in technology and financial innovation. Kalshi, founded in 2018, allows users to bet on real-world events, including politics, weather, and current affairs. The platform gained prominence after U.S. […]
