Kalshi & United States — United States Commodity Futures Trading Commission
46 shared events · Importance 8 · Last updated Aug 24, 2026
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Kalshi is a federally regulated Designated Contract Market (DCM) under the direct oversight of the U.S. Commodity Futures Trading Commission, which approves its event contracts and enforces federal commodities law.
Regulatory
Kalshi: Kalshi is caught between conflicting state and federal orders, having unwound trades per United States — Michigan court order then being directed by CFTC to honor them. The company faces legal and operational uncertainty.
United States — United States Commodity Futures Trading Commission: The CFTC asserts its exclusive regulatory authority over designated contract markets, issuing an emergency order to block United States — Michigan's attempt to cancel trades. This strengthens its position in jurisdictional battles with states.
Jul 14, 2026 · 9 articles
Regulatory
Kalshi: Kalshi received a temporary reprieve from the CFTC's order, allowing it to continue operating during the NFL season. However, it faces significant legal and financial exposure from United States — New York's lawsuit and ongoing regulatory scrutiny.
United States — United States Commodity Futures Trading Commission: The CFTC used emergency powers to assert its jurisdiction and protect Kalshi's operations, reinforcing its regulatory authority over event contracts. This action supports the agency's position but faces legal challenges.
Aug 11, 2026 · 7 articles
Regulatory
Kalshi: Kalshi>>> received approval from the United States — United States Commodity Futures Trading Commission>>> to list its BTCPERP contract, becoming the first entity to offer a regulated bitcoin perpetual futures contract in the United States.
United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission>>> approved the first regulated bitcoin perpetual futures contract in the U.S. and provided guidance for offshore crypto perpetual futures markets, establishing a regulatory framework for these products.
May 29, 2026 · 18 articles
Regulatory
Kalshi: Kalshi is the primary defendant, facing potential shutdown in United States — New York, disgorgement of profits, and treble damages. The lawsuit threatens its business model and could set a precedent affecting its operations nationwide.
United States — United States Commodity Futures Trading Commission: The CFTC filed an emergency motion to block United States — New York's enforcement, asserting exclusive federal jurisdiction over Kalshi. A favorable ruling would protect federal oversight and potentially benefit the industry.
Jul 31, 2026 · 24 articles
Regulatory
Kalshi: Kalshi is the prediction market platform that has filed a lawsuit against United States — Illinois officials, arguing that the state's new licensing law for prediction markets is preempted by federal regulation. This event negatively impacts Kalshi's operations and financial interests in United States — Illinois.
United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission (CFTC) is the federal regulatory body that Kalshi claims has exclusive jurisdiction over its event-based contracts. The CFTC has also sued several states, including United States — Illinois, to assert its authority over prediction markets.
Jun 24, 2026 · 6 articles
Regulatory
Kalshi: Kalshi>>> is a prediction market platform directly targeted by United States — Minnesota>>>'s ban, which would criminalize its operations within the state. The company's business model is significantly impacted by the outcome of the federal lawsuit.
United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission>>> is actively suing United States — Minnesota>>> to assert its exclusive jurisdiction over prediction markets, aiming to prevent the state's ban from taking effect and ensuring federal oversight of these financial instruments.
May 19, 2026 · 26 articles
Regulatory
Kalshi: Kalshi flagged the suspicious trades and referred them to the CFTC, demonstrating its surveillance capabilities. However, the incident may lead to increased regulatory scrutiny of its prediction markets.
United States — United States Commodity Futures Trading Commission: The CFTC is investigating Perez for potential insider trading. The agency has championed prediction markets but is cracking down on insider abuse, reinforcing its regulatory role.
Jul 16, 2026 · 103 articles
Regulatory
Kalshi: Kalshi, an online prediction marketplace, detected suspicious trades by George Santos, froze his account, and reported the activity to federal authorities, leading to an investigation. This event highlights the scrutiny prediction markets face regarding insider trading.
United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission is investigating George Santos for suspicious trades on Kalshi, as part of its efforts to crack down on insider trading in prediction marketplaces. This agency regulates prediction markets.
Jun 02, 2026 · 34 articles
Regulatory
Kalshi: Kalshi, a CFTC-registered exchange, was a plaintiff in the lawsuit and obtained the injunction allowing it to continue operating in United States — Minnesota. The ruling protects its business model and user base of over 90,000 United States — Minnesota users.
United States — United States Commodity Futures Trading Commission: The CFTC filed the lawsuit and argued for federal preemption. The ruling supports its exclusive jurisdiction over event contracts, strengthening its regulatory authority against state encroachment.
Jul 27, 2026 · 20 articles
Regulatory
Kalshi: Kalshi prohibits wildfire contracts, citing perverse incentives, and is positioned as a responsible operator, potentially benefiting from regulatory crackdowns on competitors.
United States — United States Commodity Futures Trading Commission: The CFTC is the primary regulator being urged to restrict wildfire prediction markets. It is reviewing public input on a proposal to add guardrails, and the senators' letter adds pressure for action.
Aug 03, 2026 · 6 articles
Regulatory
Kalshi: Kalshi is under investigation and also facing a lawsuit from New York's Attorney General; it argues its operations differ from gambling and is required to continue operating by the CFTC.
United States — United States Commodity Futures Trading Commission: The CFTC asserts exclusive federal authority over prediction markets, countering state actions and ordering Kalshi to continue operations, shaping the regulatory landscape.
Aug 12, 2026 · 23 articles
Business
Kalshi: Kalshi, a prediction market startup, reached an $11 billion valuation after a $1 billion funding round, solidifying its position as a federally regulated platform for trading on future events.
United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission initially blocked Kalshi's election contracts, but a federal judge later ruled in Kalshi's favor, allowing regulated US election contracts.
Dec 03, 2025 · 8 articles
Business
Kalshi: Kalshi is the primary beneficiary, enhancing its surveillance capabilities and regulatory compliance, which may attract institutional participants and improve market credibility.
United States — United States Commodity Futures Trading Commission: The CFTC benefits from improved surveillance data from Kalshi, aiding its oversight of prediction markets and enforcement actions.
Aug 10, 2026 · 7 articles
Business
Kalshi: Kalshi faced a lawsuit from FlightAware but resolved it quickly by revising its market wording and likely settling privately. The company continues to face more significant legal challenges from multiple states over its sports event contracts.
United States — United States Commodity Futures Trading Commission: The CFTC is involved in broader legal disputes over the regulation of prediction markets, including suing United States — Kentucky to prevent state gaming laws from applying to federally regulated exchanges like Kalshi.
Aug 12, 2026 · 6 articles
Regulatory
Kalshi: Kalshi is the primary defendant, ordered to curtail most operations in Washington and face potential daily fines. This adds to its legal troubles in multiple states, though it continues to argue for federal preemption.
United States — United States Commodity Futures Trading Commission: The CFTC supports Kalshi, asserting exclusive federal jurisdiction and suing states to block their restrictions, positioning itself as a protector of prediction markets.
Aug 13, 2026 · 8 articles
Business
Kalshi: Kalshi gains a major distribution channel and institutional credibility, addressing its liquidity challenges and expanding beyond retail trading, which is likely to increase trading volumes and market relevance.
United States — United States Commodity Futures Trading Commission: The CFTC's regulatory oversight provides the compliant framework that makes institutional participation possible, reinforcing its role in legitimizing prediction markets.
Aug 19, 2026 · 8 articles
Regulatory
Kalshi: Reported Santos to regulators and is pursuing its own enforcement action; the settlement may reinforce its compliance reputation.
United States — United States Commodity Futures Trading Commission: Enforced regulations by settling with Santos, imposing a fine and trading ban, demonstrating oversight of prediction markets.
Jul 31, 2026 · 8 articles
Regulatory
Kalshi: Kalshi is a federally-regulated prediction market and a competitor to Polymarket. Its CEO, Tarek Mansour, supports stronger regulation against unregulated prediction markets, positioning Kalshi favorably amidst the scrutiny.
United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission (CFTC) regulates prediction markets as 'event contracts' in the U.S., allowing them to bypass state gambling laws. The CFTC's recent clearance for Polymarket to operate in the U.S. and its perceived lack of enforcement are central to the regulatory debate.
Jan 11, 2026 · 6 articles
Regulatory
Kalshi: Kalshi is the central entity launching new prediction markets for drug trials and flight delays, aiming to increase its user base and trading volume.
United States — United States Commodity Futures Trading Commission: The CFTC regulates prediction markets and received Kalshi's filing for flight delay contracts; its chair Michael S. Selig has supported drug-trial contracts.
Jul 16, 2026 · 7 articles
Business
Kalshi: Allowed to offer perpetual futures, posing a threat to incumbent exchanges.
United States — United States Commodity Futures Trading Commission: Regulator's decision to allow perpetual futures for crypto raises competitive concerns for exchanges.
Apr 20, 2026 · 27 articles
Regulatory
Kalshi: Kalshi is a leading CFTC-regulated prediction market operator that would face increased competition if Binance enters the space.
United States — United States Commodity Futures Trading Commission: The CFTC is the regulator that will review Binance's DCM application; its approval process and stance on prediction markets are critical to the outcome.
Jul 29, 2026 · 6 articles
Business
Kalshi: Kalshi is the dominant U.S. prediction market competitor, valued at $22 billion, benefiting from the industry's growth and Polymarket's struggles.
United States — United States Commodity Futures Trading Commission: The CFTC regulates Polymarket U.S. and has sued states to preempt state regulations on prediction markets, supporting the industry.
Jul 08, 2026 · 17 articles
Business
Kalshi: Kalshi faces increased competition as Robinhood adds another supplier, potentially reducing its share of Robinhood's trading volumes.
United States — United States Commodity Futures Trading Commission: The CFTC asserts exclusive jurisdiction over event contracts and has sued states to block enforcement, creating regulatory uncertainty.
Jul 25, 2026 · 6 articles
Business
Kalshi: Kalshi is a major competitor in prediction markets, with significantly higher trading volumes than Gemini Titan.
United States — United States Commodity Futures Trading Commission: The CFTC granted licenses to Gemini Titan and Gemini Olympus, enabling the regulated operation of prediction markets. Its oversight is central to the legal framework.
Aug 24, 2026 · 11 articles
Business
Kalshi: Kalshi has two representatives, Sudhir Jain and Rick Heaslip, speaking at the PREDICT 2026 conference, contributing expertise on compliance and regulatory affairs in prediction markets.
United States — United States Commodity Futures Trading Commission: David Miller, Director of the Division of Enforcement for the United States — United States Commodity Futures Trading Commission, is a speaker at the PREDICT 2026 conference, highlighting the regulatory focus of the event.
May 29, 2026 · 10 articles
Business
Kalshi: Kalshi's bitcoin perpetual contracts were approved by the CFTC in May, setting a precedent that helped pave the way for Kraken's own launch of regulated perpetual futures.
United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission (CFTC) approved bitcoin perpetual contracts and issued guidance that enabled regulated exchanges like Bitnomial to offer perpetual futures, playing a critical role in the regulatory environment for this launch.
May 29, 2026 · 28 articles
Regulatory
Kalshi: Kalshi faces legal actions in multiple states alongside Polymarket, reflecting broader regulatory pressure on prediction markets.
United States — United States Commodity Futures Trading Commission: The CFTC sanctioned Polymarket in 2022 and later approved its return to the U.S. under a regulated structure, shaping the regulatory environment for prediction markets.
Aug 14, 2026 · 8 articles
Business
Kalshi: Kalshi gains institutional distribution through Talos's platform, likely increasing its user base and trading activity, reinforcing its status as a regulated exchange for event contracts.
United States — United States Commodity Futures Trading Commission: The CFTC is mentioned as Kalshi's regulator, providing a compliant framework that enables institutional participation, but is not directly involved in the integration.
Jul 22, 2026 · 6 articles
Regulatory
Kalshi: Kalshi is another predictions market platform where Donald Trump acts as a strategic advisor, and which has outlined new rules to combat insider trading.
United States — United States Commodity Futures Trading Commission: The United States — United States Commodity Futures Trading Commission has jurisdiction over predictions markets like Polymarket and Kalshi, and its chair stated a 'zero tolerance' for fraud and insider trading, despite not commenting on specific allegations.
Apr 19, 2026 · 6 articles
Business
Kalshi: Kalshi faces increased competition as Fanatics enters the regulated prediction market space with its own infrastructure.
United States — United States Commodity Futures Trading Commission: The CFTC regulates the acquired entities, and its approval is key to Fanatics' ability to operate the exchange and clearinghouse.
Jul 27, 2026 · 6 articles
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