Crypto News
Kalshi Ninth Circuit: sports contracts are bets, not swaps
The Ninth Circuit on August 28, 2026, in KalshiEX v. Assad, held Kalshi sports event contracts are likely sports bets, not Commodity Exchange Act swaps, so Nevada gaming…
Crypto News
The Ninth Circuit on August 28, 2026, in KalshiEX v. Assad, held Kalshi sports event contracts are likely sports bets, not Commodity Exchange Act swaps, so Nevada gaming…
Crypto News
The Aug. 13 Washington order tells Kalshi to geofence sports, election, and most event contracts by Sept. 2. Federal DCM status does not pause the state clock.
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CFTC Staff Letter 26-23 warns DCMs that prediction-market incentive filings are often deficient and can encourage wash-like volume chasing today.
Crypto News
The CFTC used emergency authority on Aug. 11, 2026 to order KalshiEX to keep running after New York sued the prediction-market DCM for gambling.