News categoryLegal News & Updates

The SEC proposed modernizing decades-old transfer-agent rules so a blockchain can serve as the official record of securities ownership, a step experts see for tokenized assets.

New Jersey asked the Supreme Court to review its loss to Kalshi, days after the Ninth Circuit ruled the opposite way for Nevada on whether sports contracts are swaps.

The Monday letter from NY AG James disputes the validity of the CFTC’s denial of Kalshi’s emergency rule change for consideration in the agency’s lawsuit against the state.

The Ninth Circuit ruled Kalshi's sports contracts are sports bets, not swaps, letting Nevada enforce its gaming laws and deepening a split with the Third Circuit.

Connecticut AG joins fray of colleagues taking to state courts to seek order limiting residents’ access to prediction market exchanges.

A Washington court ordered Kalshi to block contracts on sports, elections, politics, entertainment, culture, technology, science and mentions, with geofencing required.

Judge Victor Marrero denied the CFTC and Justice Department's emergency request to stop New York from enforcing its laws against prediction markets.

The New York attorney general's enforcement action seeks to halt Kalshi event contracts and recover billions, while federal regulators ask a judge to stop New York from pursuing it.

A bill in the US Congress requires prediction market users to use facial scans of platform users to verify age, but an expert on the topic questions that utility.

A federal judge denied the CFTC’s request for the court to enjoin Wisconsin officials against enforcing state gambling laws against prediction market exchanges on Wednesday.

The US DOJ and CFTC have secured a court order that temporarily blocks the enforcement of Minnesota’s statute banning prediction market trading just days before it was set to take effect.

Court finds Washington is likely to succeed on claims that Kalshi’s event contracts violate state gambling law, while giving the parties until Aug. 3 to propose the injunction’s specific terms.

Kalshi says its surveillance team detected and referred Gabriel Perez’s alleged trades to the CFTC, which is reportedly weighing a settlement with the deputy assistant to the president.

Judges pressed Kalshi on why its CFTC-regulated contracts should be treated differently from sportsbook wagers as three California tribes seek to revive their bid for an injunction.

The Commodity Futures Trading Commission has asked a federal court to intervene against state officials looking to enforce gambling and tax laws against prediction market exchanges.

The U.S. servicemember accused of using government information to win more than $400,000 on Polymarket says the CFTC lacks authority because the contracts behind the trades were bets, not swaps.

Justice Samuel Alito gave New Jersey until Aug. 4 to seek Supreme Court review of Kalshi’s Third Circuit win, the first formal SCOTUS filing in the sports prediction market preemption fight.

Kalshi says Ohio’s $5 million penalty effort violates the state constitution because the regulator is pursuing the fine through an administrative process without a jury trial.

Kentucky Attorney General Russell Coleman sued Kalshi, Polymarket, Coinbase, Robinhood and Webull, seeking to block sports prediction market trading in the state.

The Nevada Gaming Control Board has asked a state court to hold Kalshi in contempt of a May order that demanded that Kalshi stop allowing prediction market trades in the state.