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Washington State Sues Kalshi Over Alleged Illegal Gambling Activities
The legal landscape for decentralized and centralized prediction markets has become increasingly complex as Washington State filed a lawsuit against Kalshi. State regulators allege that the platform is offering gambling…
Kalshi Gains FCM Approval to Launch Margin Trading via Kinetic Markets
The prediction market platform Kalshi has officially received regulatory approval to operate as a Futures Commission Merchant (FCM) through its affiliate, Kinetic Markets LLC. This development marks a significant milest…
Kalshi Valuation Hits $2 Billion as Prediction Market Demand Surges
The prediction market sector continues to demonstrate significant growth despite a tightening regulatory landscape. In a recent funding round, the prediction platform Kalshi has successfully raised over $1 billion, effe…