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The White House halts Brian Quintenz’s CFTC nomination amid conflict allegations linked to his Kalshi ties and access to sensitive CFTC data.
Kalshi is defending the use of betting language, claiming peer-to-peer trading avoids gambling classification.
Predictions market Kalshi has spent $1,190,000 on federal lobbying since 1998, sparking criticism among the gambling sector.
Three Native American tribes filed a lawsuit against Kalshi and Robinhood, alleging their markets are illegal California sports betting.
Kalshi co-founder, CEO and social media newsmaker Tarik Mansour posted word of a deal that will bring xAI chatbot Grok to the ...
Key takeaways As CFTC Chairman, Brian Quintenz would oversee prediction market operators, including Kalshi. The CFTC is currently evaluating the role of prediction market operators in sports betting.
Tribal groups are concerned Kalshi, Robinhood and Crypto.com pose an existential economic threat to them through sports prediction markets—and on Tuesday, it became even more clear the Commodity ...
Kalshi aims to bolster its position with significant political support from U.S. President Donald Trump and newly appointed CFTC chairman Brian Quintenz, a Kalshi board member who previously ...
Kalshi, the only U.S. exchange cleared to offer event-based trading, is adding Elon Musk’s Grok AI to its platform, giving ...
Kalshi, for instance, is a DCM, licensed by the CFTC and able to “self-certify” event contracts, including, for the moment, ones tied to sports.
The Commodity Futures Trading Commission has requested the court's permission to potentially dismiss its legal case against Kalshi regarding American's access to betting on the outcome of ...
Three federally recognized Native American tribes in California have filed a lawsuit against prediction market operator ...
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