Kalshi off-limits in multiple states as prediction markets, CFTC team up for battle
Washington state is cut off for Kalshi customers while the company combats the development in court and its federal regulator keeps pursuing new rules.
CFTC
U.S. CFTC chief puts staff on notice to create crypto regulations if Clarity Act fails
Commodity Futures Trading Commission Chairman Mike Selig told the inaugural gathering of the Innovation Advisory Committee that his agency won’t sit idle.
U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The U.S. Commodity Futures Trading Commission threw itself in between Michigan courts and prediction market firm Kalshi on Tuesday, issuing an order to disallow the company from meeting a local court demand that it cancel previous customer transactions. The CFTC move amplifies its legal fight… Read More
Ex-Celsius CEO Mashinsky gets U.S. CFTC ban in final resolution with regulator
The punishments of Alexander Mashinsky, the imprisoned former chief of Celsius until its high-profile collapse, continue with a formal banishment from any ability to seek business with the U.S. Commodity Futures Trading Commission or the trading it oversees. The derivatives regulator didn’t pile any new… Read More
Trump praises prediction markets, defends CFTC as court cases compound
U.S. President Donald Trump said it was “critically important” that the CFTC keep “exclusive authority” over prediction markets, echoing CFTC Chair Michael Selig in a post on Truth Social, his social media platform, late Tuesday afternoon. “Under my leadership, we are setting ‘rules of the… Read More
U.S. House lawmakers who oversee the CFTC are urging Trump to fill the commission
As the Commodity Futures Trading Commission takes on a growing task to police U.S. crypto trading, senior lawmakers are saying it needs bipartisan leadership.