Washington Judge Rejects Kalshi Preemption Defense In Preliminary Injunction
King County Superior Court Judge John McHale ordered Kalshi on August 13 to stop offering sports, elections, entertainment, and technology…
Tag: CFTC
CFTC Scrutiny of Trump Speech Bets Puts Kalshi Mention Markets Under Pressure
The CFTC is reviewing Kalshi's "mention markets" after a former White House teleprompter operator made more than $100,000 betting on…
New York’s $36 Billion Kalshi Case Tests State Gambling Law Against CFTC Oversight
The CFTC on August 11 used Section 8a(9) emergency authority, invoked only seven times in agency history and not since…
JPMorgan Cut Polymarket Banking Relationship After CFTC Reentry Approval
JPMorgan told Polymarket to find a new bank in October 2025, citing regulatory exposure from the platform's then-unresolved CFTC status.…
JPMorgan Dropped Polymarket Banking Services While Keeping IPO Ties Open
JPMorgan Chase told Polymarket to find a new bank in October 2025 over regulatory concerns tied to the platform's CFTC…
Federal Judge Blocks Minnesota Prediction Market Ban Before August 1 Effective Date
A federal judge in Minnesota issued a preliminary injunction July 27 barring enforcement of the state's first-in-the-nation law banning prediction…
New York Seeks at Least $36 Billion From Kalshi as CFTC Fights State Gambling Enforcement
The CFTC issued an emergency order on August 11 requiring Kalshi to keep operating in New York despite a July…
New York’s $36 Billion Kalshi Suit Puts CFTC Preemption Fight Back in Court
The CFTC's August 11 emergency order to Kalshi to keep operating in New York, its second such intervention in a…
New York Seeks to Shut Down Kalshi as $36 Billion Gambling Case Tests Federal Preemption
The CFTC invoked emergency authority on August 11 to order Kalshi to continue operating despite a New York state lawsuit…
NYC Council Questions Polymarket, Kalshi, Coinbase and Gemini Titan Over Marketing
The New York City Council launched an investigation August 12 into deceptive marketing by four prediction market platforms, citing a…