FinancePolitics
CFTC Probes Mention Markets as Kalshi Pulls Sports Word Bets
Federal regulators investigate prediction market 'mention markets' after White House teleprompter scandal; Kalshi removes sports word bets.
—7 min read
Tag
#Cftc
3 articles
Business & FinanceTechnology
Kalshi Denies It's a Sportsbook as World Cup Bets Surge
Kalshi processed $40B in World Cup bets while avoiding billions in state taxes. The CFTC-regulated platform faces 30+ lawsuits over its classification.
—5 min read
PoliticsFinance
Minnesota Becomes First State to Ban Prediction Markets
Minnesota Gov. Tim Walz signed the nation's first law banning prediction markets. The CFTC and DOJ immediately sued, setting up a landmark legal battle.
—5 min read