Commodity Exchange Act
-
cryptoCFTC Chair Battles States for Prediction Market Authority
CFTC Chairman Mike Selig asserts exclusive federal regulatory control over prediction markets, challenging state-level intervention through ongoing legal battles.
-
financeDOJ, CFTC Challenge Arizona's Gambling Claims Against Prediction Market Kalshi
Federal regulators DOJ and CFTC are seeking to halt Arizona's enforcement actions against Kalshi, asserting exclusive jurisdiction over the prediction market's event contracts.
-
financeUS Regulators Argue Sports Betting is Finance, Not Gambling
The CFTC and DOJ are seeking to block Arizona's enforcement of gambling laws against prediction market operator Kalshi, asserting event contracts are financial derivatives.
-
techCFTC Files Federal Suits Against Illinois, Connecticut, Arizona Over Prediction Market Regulation
The CFTC and DOJ sued three states to assert exclusive federal jurisdiction over prediction markets, challenging state-level crackdowns on platforms like Kalshi and Polymarket.
-
financeSchiff and Curtis Introduce Bipartisan Bill to Ban Sports Prediction Markets
Senators Adam Schiff and John Curtis unveiled a bipartisan bill targeting Kalshi and Polymarket, asserting sports prediction markets are unlicensed gambling under federal law.
-
financeNevada Court Ruling Threatens Trading Halt for Prediction Markets Kalshi, Polymarket
A federal court ruling sends disputes over prediction markets Kalshi and Polymarket back to Nevada state courts, potentially leading to trading halts and impacting future state regulatory actions.