Prediction Market and Crypto News
Stay informed with the latest updates, analysis, and insights from the prediction markets and DeFi ecosystem.
Regulation & Policy
Senate Bans Lawmakers from Prediction Markets in Win for Industry
The Senate moved swiftly on Thursday to put its own house in order on prediction markets, passing a resolution by unanimous consent that bars sitting senators, officers, and staff from...
US Elections
How Prediction Markets Saw the Platner Surge and Mills Exit in Maine Ahead of Polls
Maine Gov. Janet Mills’ suspension of her Senate campaign this week is one of the cleanest demonstrations that prediction markets can see around the corner pretty well. Long before...
Legal News & Updates
Kalshi’s Sports Contract Cases Turn on Three Textual Hurdles: A Field Guide to Legal Fault Lines
A May 4 deadline looms for Kalshi to geofence Nevada after Carson City District Court Judge Jason Woodbury granted a preliminary injunction to the Nevada Gaming Control Board on April 28....
Industry
Gemini Wins CFTC Clearing License, Eyes Full Derivatives Stack
Gemini received a Derivatives Clearing Organization license from the Commodity Futures Trading Commission, ending the exchange’s reliance on third-party clearing for its prediction...
Crypto
Prediction Markets and Crypto Converge as Perpetuals Drive Always-On Trading
Key takeaways: The line between prediction markets and crypto derivatives is starting to disappear as both converge around continuous trading of price and probability. Polymarket and Kalshi...
Uncategorized
Nevada Judge Orders Kalshi to Pause Event Contracts by May 4 But Questions Remain
A state judge in Nevada has ordered Kalshi to stop allowing Nevada residents to trade event contracts related to outcomes of elections, entertainment, and sporting events. The court granted...
US Elections
California Billionaire Tax Nears Ballot as Odds Still Lean ‘No’
A proposed one-time California billionaire tax has reportedly cleared the signature hurdle and is moving toward the November ballot, but prediction markets are still trending toward its...
US Elections
Prediction Market ETFs Arrive, Bringing Election Bets to Retirement Accounts
Prediction markets are about to get their most Wall Street makeover yet as RoundHill prepares to launch election-related event contract ETFs next week. Roundhill plans to launch six...
Regulation & Policy
Polymarket Eyes US Return as CFTC Weighs Regulatory Fit of Offshore Platform
Polymarket, one of the leading prediction market platforms worldwide, has been in discussions with the Commodity Futures Trading Commission to reopen U.S. customer access to its primary...
Regulation & Policy
Ohio Bill Would Classify Prediction Markets as Sports Betting, Add 20% Tax
Ohio’s attorney general and gaming regulators are already considering potential penalties for offering prediction market trading within the state, but that could become a clearer...
