Kalshi
-
cryptoPolymarket Eyes $15B Valuation in $400M Funding Round
Prediction markets platform Polymarket is reportedly in advanced talks to secure $400 million in funding, aiming for a substantial $15 billion valuation amidst growing institutional interest.
-
cryptoPolymarket Eyes $400M Raise at $15B Valuation Amid Prediction Market Boom
Prediction market platform Polymarket is reportedly in talks for a $400 million funding round at a $15 billion valuation, signaling strong investor interest in the rapidly expanding predictions market sector.
-
financeTax Day Uncertainty: Prediction Market Winnings Lack Clear Filing Guidance
US traders face tax season confusion over reporting earnings from prediction markets, with no clear IRS guidelines yet established, similar to early cryptocurrency tax challenges.
-
cryptoFederal Court Halts Arizona's Ban on Kalshi's Event Contracts
A federal judge in Arizona has temporarily blocked state officials from enforcing gambling laws against Kalshi, siding with US regulators in a dispute over event contract classification.
-
cryptoFederal Judge Halts Arizona Criminal Charges Against Prediction Market Kalshi
A federal judge has temporarily blocked Arizona from pursuing criminal charges against Kalshi, a prediction market, in a win for the CFTC.
-
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.
-
financeKalshi Dominates US Prediction Markets Amidst Regulatory Showdown
Kalshi controls 89% of the US prediction market, fueling a critical legal battle over whether these platforms are financial tools or gambling.