Kalshi
Robinhood Fights Back Against Massachusetts Sports Prediction Market Crackdown Over $1 Billion Business
- The US fintech is seeking federal protection as a state regulator raises objections to its partnership with Kalshi.
- The retail trading company argues that the state lacks authority over federally regulated prediction contracts.
Tuesday, 16/09/2025 | 07:29 GMT by
Damian Chmiel
Kalshi Hires 23-Year-Old Crypto Influencer to Lead Digital Asset Expansion
- The event contracts provider taps John Wang as head of crypto amid Trump administration's supportive stance.
- In the meantime, the company, along with Robinhood, was again sued over event contracts resembling sports betting.
Tuesday, 26/08/2025 | 06:34 GMT by
Damian Chmiel
Robinhood and Kalshi (Again) Sued Over Event Contracts Resembling Sports Betting
- The Wisconsin tribe claims the prediction market platform violates federal gaming laws and tribal sovereignty.
- Event contracts are drawing criticism from both the financial industry and the gambling sector.
Thursday, 21/08/2025 | 07:33 GMT by
Damian Chmiel
Webull’s New Feature With Prediction Market Exchange Kalshi Lets Traders Bet on Bitcoin Hourly Moves
- Users can reportedly access Kalshi’s over/under-style contracts directly through the Webull platform.
- Webull is among the full-service broker-dealers that offer regulated prediction market products to retail clients.
Tuesday, 10/06/2025 | 14:04 GMT by
Jared Kirui
Crypto.com Exchange Takes Nevada to Court Over Event Contracts and Sports Betting Ban
- The exchange claims the state lacks the authority to block its federally regulated sports event contracts.
- The case represents the latest escalation in a broader conflict between state gaming authorities and CFTC-regulated prediction markets.
Thursday, 05/06/2025 | 07:10 GMT by
Damian Chmiel
CFTC Folds Its Hand in Election Betting Showdown with Kalshi
- The CFTC has dropped its appeal against Kalshi, allowing the platform to continue offering election betting contracts.
- This decision follows a lower court ruling that limited the CFTC's authority to ban such contracts on public interest grounds.
Tuesday, 06/05/2025 | 07:39 GMT by
Damian Chmiel
Still Investing or Already Binary Options Gambling? Event Contracts Are Set to Become a “Trillion Dollar Asset Class”
- Prediction markets boomed in 2025 as retail trading giant Robinhood added them to its platform.
- Although the CFTC approved their issuance a few years ago, the agency is now questioning whether it made the right decision.
Tuesday, 29/04/2025 | 13:41 GMT by
Damian Chmiel
Robinhood Added Event Contracts, Their Creator Heads to Court Against Nevada Regulators
- Kalshi is suing Nevada gaming regulators to continue offering binary event-based contracts.
- The lawsuit challenges state authority over federally regulated betting activities.
- Earlier, the CFTC had questioned the compliance of sports-based contracts offered by Crypto.com and Robinhood with regulations.
Monday, 31/03/2025 | 08:05 GMT by
Damian Chmiel
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