New York sued Coinbase and Gemini Titan Tuesday (April 21), alleging that the companies’ prediction market platforms are illegal, unlicensed gambling operations. The state’s Office...
Kalshi’s battle with state governments over its sports-related event contracts may be headed for the Supreme Court, Fortune reported Monday (April 20). Several state governments...
Predictions site Polymarket is reportedly in discussions to raise $400 million in new funding. The round would give the company a valuation of around $15 billion, including...
Wall Street broker Bernstein expects prediction market volumes to hit $1 trillion by 2030. The company’s findings, the subject of a report Wednesday (April 16)...
Federal regulators have convinced a judge to prohibit Arizona from prosecuting predictions market Kalshi. The U.S. District Court for the District Arizona on Friday (April...
Insider trading concerns have caused Robinhood to bar some prediction markets from its platform. Jordan Sinclair, president of Robinhood UK, told the Financial Times (FT)...
The Commodity Futures Trading Commission (CFTC) has announced the members of its newly formed Innovation Task Force (ITF). The CFTC said in March that it was launching the ITF...
The Binance App now offers access to prediction markets. The app’s new Prediction Markets feature is powered by an integration with third-party platforms, starting with...