Prediction markets gained wide visibility last fall as people turned to sites like Polymarket, PredictIt, Kalshi, Interactive Brokers and Robinhood to bet on whether Kamala Harris or Donald Trump ...
The recent probe of Crypto.com and Kalshi's sports contracts all comes down to a single question — are event contracts premised on sports “gaming” within the meaning of the Commodities ...
(Bloomberg) -- The Commodity Futures Trading Commission is asking Crypto.com and Kalshi Inc. to explain how their recently launched Super Bowl event contracts comply with derivatives regulations.