A new Kalshi ruling has added pressure on the company and the wider U.S. prediction market sector after a federal appeals court rejected its effort to block Nevada from enforcing state gaming rules. The unanimous decision from the U.S. Court…
Kalshi states access blocked as legal battles expand in US
Kalshi states disputes widened this week as customers in Washington joined users in Michigan and Nevada who are unable to use the prediction market platform. The latest fight unfolded while the Commodity Futures Trading Commission took a more supportive stance…
Appeals court backs Kalshi in New Jersey sports market case
A recent federal appeals court decision involving New Jersey and prediction market platform Kalshi is sharpening the regulatory lines around event-based derivatives in the U.S. crypto and digital asset ecosystem. While Kalshi itself is not a blockchain-native platform, the ruling…
Why did Nevada extend its ban against Kalshi markets?
A Nevada judge has expanded restrictions on prediction market operator Kalshi, sharpening a growing jurisdictional clash over whether event contracts are regulated as derivatives or as gambling products. While the dispute is framed as a gaming issue at the state…