Kalshi triggers billion-dollar clash with US gaming industry

Kentucky has sued Polymarket, Kalshi and Kalshi’s partners Coinbase, Robinhood and Webull, over offering sports event contracts in the state.

Kalshi traders are pricing bearish Bitcoin odds, with one market showing BTC more likely to hit $50,000 before $100,000.

Kalshi's enhanced surveillance could set a compliance benchmark, influencing regulatory standards and trust in prediction markets globally. The post Kalshi adds Solidus Labs to bolster prediction market surveillance appeared first on Crypto Briefing.

The American Gaming Association, the Indian Gaming Association, and two hospitality unions are pressing senators to insert sports-betting carve-out language into the CLARITY Act, the crypto market-structure bill moving through Congress. The push targets Kalshi and Polymarket.

The collaboration comes as US state regulators and the CFTC battle over oversight of event-based contracts.

Kalshi's CFTC approval could significantly shift crypto trading dynamics, potentially boosting US market influence and regulatory oversight. The post Kalshi’s CFTC-approved perps aim to shift $90T offshore market to US soil appeared first on Crypto Briefing.

After generating $5.5 billion in trading volume in two weeks, Kalshi is pushing to extend its CFTC-regulated perpetual futures beyond crypto into a wider range of asset classes.

Prediction market platform Kalshi has partnered with StarCompliance to give financial institutions real-time visibility into employee trading activity as it expands efforts to address insider trading concerns and attract institutional participants. According to a Barron’s report, employees at firms using…