Tag: Commodity Futures Trading Commission

CFTC drops Kalshi election betting appeal

7 May 2025 at 6:21am UTC-4
The Commodity Futures Trading Commission has dropped its appeal against online predictions platform Kalshi after a federal judge ruled that Kalshi could take bets on the outcome ...

NBA expresses concerns over sports prediction integrity to CFTC

5 May 2025 at 7:05am UTC-4
The NBA has sent a letter to the Acting Chairman of the Commodity Futures Trading Commission Carolina Pham highlighting its concerns that sports prediction markets threaten the ...

Michigan regulator registers concern over event contracts with CFTC

1 May 2025 at 6:34am UTC-4
The Michigan Gaming Control Board has written to the Commodity Futures Trading Commission outlining its concerns about sports event contracts being offered in the state. The ...

Federal Judge says Kalshi can continue in New Jersey

30 April 2025 at 7:31am UTC-4
A New Jersey federal judge has ruled that state regulators cannot ban the trading platform Kalshi from offering sports prediction markets. Kalshi has sued New Jersey regulators ...

Prediction markets platform Kalshi files lawsuit in Maryland

23 April 2025 at 7:00am UTC-4
Prediction markets operator Kalshi has filed a lawsuit against the Maryland Lottery and Gaming Control Commission in response to a cease-and-desist letter ordering the company to ...

Robinhood launches prediction market in time for March Madness

18 March 2025 at 8:22am UTC-4
Trading platform Robinhood Markets has launched a new prediction markets hub available within the Robinhood app through its derivatives trading subsidiary Robinhood Derivatives ...

Robinhood rolls back Pro Football Championship Market after regulator steps in

5 February 2025 at 6:57am UTC-5
Trading platform Robinhood has been forced to roll back plans to launch sports contracts following intervention by the Commodity Futures Trading Commission. Robinhood only ...

Crypto.com snubs CFTC suspension of Super Bowl futures exchange contracts

16 January 2025 at 6:34am UTC-5
Crypto.com has continued to offer Super Bowl futures exchange contracts despite the Commodity Futures Trading Commission ordering it to suspend the offering pending a federal ...