CFTC Proposes New Regulatory Framework for Election and Event Prediction Markets

CFTC Proposes New Regulatory Framework for Election and Event Prediction Markets

The U.S. Commodity Futures Trading Commission (CFTC) officially proposed new regulations this week aimed at restricting the types of contracts allowed on prediction market platforms like Kalshi. The agency’s move follows a legal battle over the legality of betting on political outcomes, establishing a clearer framework for what constitutes an event contract under federal oversight….

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Kalshi Valuation Doubles to $22 Billion in Latest Funding Round

Kalshi Valuation Doubles to $22 Billion in Latest Funding Round

The Surge of Prediction Markets Prediction market platform Kalshi has secured a massive new funding round, effectively doubling its valuation to $22 billion just months after its December appraisal. This capital injection underscores a growing investor appetite for platforms that allow users to trade contracts on the outcomes of real-world events, ranging from economic indicators…

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