Kalshi Suspensions Include State Senator Sponsoring a Prediction Markets Ban
[ad_1] Key Takeaways ▸ Kalshi suspended three political candidates for trading on their own elections, framing the activity as insider trading under its CFTC-approved rules. ▸ One of those candidates, Minnesota State Sen. Matt Klein, is also sponsoring legislation to ban prediction markets, adding a layer of political tension to the enforcement action. ▸ The […]
Why State Regulation Breaks the Prediction Market Exchange Model
[ad_1] Key Takeaways ▸ Core features like shared liquidity, market makers, and order books are restricted or outright prohibited under state gambling regulations. ▸ GGR-based taxes and fragmented licensing create costs that exceed exchange-level margins. ▸ Operators are moving toward CFTC-regulated models where exchange infrastructure can actually function, out of necessity. The courts are split […]
Kentucky Leads New State Push to Tax Prediction Markets, Testing Limits of State Authority
[ad_1] Key Takeaways ▸ Kentucky became the first state to explicitly tax prediction market platforms (14.25% on transaction fees), with Iowa (20%) and Illinois (50%) proposing similar measures, all focused on revenue capture rather than prohibition. ▸ The federal agency that oversees trading markets (the CFTC) sued three states, arguing that prediction markets are a […]
Kalshi Promo Code DEFI – Get $10 Free for Tonight’s State of the Union
[ad_1] President Trump delivers his first State of the Union of his second term tonight at 9 p.m. ET, and Kalshi has more prediction markets open than in previous events. Will he say “Discombobulator”? Will Barron Trump be in the chamber? Will the speech crack 100 minutes? There’s a contract for all of it — […]
Kalshi Banned From Operating in State of Massachusetts After Judge Ruling: Report
[ad_1] A judge reportedly said that he will issue a preliminary injunction prohibiting the online market prediction platform Kaishi from operating in the state of Massachusetts. Suffolk County Superior Court Judge Christopher Barry-Smith has ruled that Kaishi cannot allow state residents to use its platform for making financial bets on sporting events without a license. […]
Analyst Says XRP Price Just Entered Neutral State
[ad_1] A crypto analyst has announced that the XRP price has just entered a neutral state and could be gearing up for a major rally. He explains how this phase has historically appeared before strong rallies and outlines what the current market structure may signal for XRP moving forward. XRP Price Enters Neutral State Before […]
The Future of Ethereum’s State
[ad_1] Disclaimer: The following blog is a proposal from the Stateless Consensus team. Content may not imply consensus views, and the EF is a broad organization that includes a healthy diversity of opinion across Protocol and beyond that together strengthen Ethereum. Special thanks to Ladislaus von Daniels and Marius van der Wijden for reviewing this […]