A Nevada court has imposed a temporary ban on prediction market platform Kalshi, halting its operations in the state as regulators push to assert authority over its event based contracts. The 14 day restraining order prevents the company from offering sports, entertainment and election related contracts while a broader legal dispute unfolds. The decision comes […]
A federal appeals court has cleared the path for Nevada regulators to enforce a temporary restraining order against the prediction market platform Kalshi. The Ninth Circuit Court of Appeals denied Kalshi’s request to block the action, allowing state authorities to proceed with restricting the company’s operations in Nevada. Kalshi had warned that without intervention, it […]
Prediction markets are entering a new growth phase, with analysts projecting annual industry revenue could exceed 10 billion dollars by 2030. The forecast comes as trading volumes accelerate and platforms adapt to regulatory scrutiny while facing a new wave of automated participation from artificial intelligence driven traders. Recent analyst estimates suggest the sector, currently generating […]
Researchers at the U.S. Federal Reserve have issued a notable endorsement of prediction markets, describing them as a valuable analytical tool for understanding economic policy and macroeconomic trends. In a newly published paper, Fed economists examined the forecasting performance of the regulated prediction platform Kalshi and concluded that such markets can offer meaningful insights beyond […]
A Massachusetts superior court judge is preparing to order the suspension of online sports related contracts offered by prediction market platform Kalshi, marking a significant regulatory setback for event based trading tied to sports outcomes. The ruling follows a lawsuit brought by state authorities who argue that the contracts function as unlicensed sports betting under […]
Prediction market platform Kalshi has expanded its blockchain infrastructure by integrating the TRON network, opening new onchain liquidity channels for users participating in real world event markets. The integration allows deposits and withdrawals using TRX, the native token of the TRON blockchain, as well as USDT issued on TRON. By adding another major blockchain rail, […]
