Ninth Circuit Rules Kalshi Sports Contracts Are Gambling, Not Swaps
The Ninth Circuit Court of Appeals ruled on August 28, 2026, that Kalshi’s sports event contracts constitute gambling rather than CFTC-regulated swaps.
Commodity Futures Trading Commission
Prediction Markets Can Be Regulated as Gambling, Federal Appeals Court Rules
A federal appeals court ruled on August 28, 2026, that states retain the right to regulate prediction market platforms as gambling, delivering a major defeat to Kalshi and setting…
Trump to Meet Crypto and Prediction Market Execs at White House Summit
President Donald Trump is expected to join high-level executives from cryptocurrency companies and prediction-market venues at a White House meeting scheduled for Wednesday. The gathering serves … Read more