Kalshi operates a US‑regulated prediction‑market platform that lets users trade contracts on real‑world events. Recent stories show it breaking volume records, joining industry amicus briefs, and confronting multiple regulatory challenges.
The U.S. Commodity Futures Trading Commission has privately warned prediction‑market operator Kalshi that charges may follow a probe into procedural errors on a handful of contracts.
Rahul VermaKalshi reported $5.33 B and $5.36 B in notional volume on Nov. 7‑8, breaking its October record twice as parlay contracts dominate trading.
Ayu PramestiMajor crypto exchanges and trading firms filed an amicus brief backing the CFTC's right to regulate single‑stock perpetual futures amid a lawsuit by the Capital Markets Alliance.
Naomi JohnsonTraders on Kalshi and Polymarket pushed odds for UFC boss Dana White becoming Trump’s press secretary below 20 cents after the president said the offer was a joke.
Naomi JohnsonSenator Elizabeth Warren plans to use her upcoming Senate Banking Committee chairmanship to increase regulation of prediction‑market platforms and election‑betting services.
Naomi JohnsonThe CFTC gave exchanges 30 days to drop location‑based bans on Kalshi prediction contracts, challenging a court‑backed geofencing framework and raising questions for regulators and traders.
Polymarket and Kalshi traders assign over half probability to Bitcoin slipping to $70,000 by Dec. 31, while odds of a $100,000 rally shrink to single‑digit levels.
Costco joined 66 other issuers in objecting to a third‑party tokenized version of its shares on OKXICE, as CFTC‑regulated perpetual contracts referencing the stock begin trading on Kalshi.
Kalshi says non‑trading spectators outnumbered active traders five to one as its midterm markets streamed live election results.
The CFTC issued new guidance demanding federally regulated prediction markets end state‑by‑state access restrictions or justify why they cannot, amid recent court‑ordered blocks on Kalshi.
A U.S. judge gave the CFTC until Friday to defend its authority to allow retail trading of stock perpetual contracts, a move that could affect dozens of listings on Kalshi, Coinbase and Bitnomial.
Major film studios and production firms have issued new policies prohibiting staff from wagering on insider information via prediction‑market platforms.
Arkansas Attorney General Tim Griffin filed a lawsuit accusing Kalshi of offering illegal gambling to state residents, seeking restitution, penalties and an injunction.
Kalshi traded $4.15 billion in notional volume on Nov. 3, its highest weekday volume yet but still short of the $5.3 billion record set on Oct. 24.
The U.S. Court of Appeals for the Second Circuit rejected requests from Kalshi and Coinbase to pause state enforcement actions in New York and Connecticut.
The CFTC cleared perpetual futures tied to individual U.S. stocks, allowing leveraged trading on domestic exchanges for the first time.
Prediction markets Polymarket and Kalshi give Democrats a 74‑78% chance of controlling both chambers in the 2026 midterms, echoing traditional pollsters.
Bitcoin stayed above its 100‑day SMA as US midterm elections, jobs reports and tech earnings loom, prompting analysts to weigh short‑term risks and buying opportunities.
The CFTC filed a lawsuit against Utah to block state gambling restrictions on registered prediction markets, while the UK proposes tax reforms for stablecoins and crypto lending.
Kalshi secured a $1 billion funding round, lifting its valuation to $40 billion and signaling a push into single‑stock perpetuals and other financial products amid ongoing regulatory battles.
Utah prosecutors filed 14 criminal counts against prediction‑market platform Kalshi and its co‑founders for allegedly taking illegal sports bets in the state.
Bipartisan senators have issued a formal inquiry to prediction market leaders, demanding details on how they prevent insider trading and manipulation ahead of the upcoming midterms.
LBank has opened a Pre‑IPO market, letting users buy tokenized exposure to Kalshi ahead of its potential IPO, with two token options and a $500k subscription cap.
Kalshi provides contracts that let users bet on the outcome of events such as elections, sports, and stock price movements.
It has broken volume records, joined industry legal briefs, and is facing multiple regulatory actions from the CFTC, state attorneys general, and Congress.
Kalshi operates as a CFTC‑registered derivatives exchange, but it is contesting state‑level gambling restrictions and court rulings.