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Illinois appeals injunction shielding some Kalshi and Coinbase sports contracts
The Seventh Circuit challenge leaves in place, for now, an order barring Illinois licensing, tax and enforcement actions against covered federally traded contracts.
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Coinbase wins CFTC clearance as prediction markets top $200 million annualized
Daily traders rose more than 60% in the third quarter, while non-sports contracts accounted for most activity.
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Coinbase says derivatives and prediction markets generated a quarter of transaction revenue
Prediction markets passed $200 million in annualized revenue as Coinbase sought to cushion weaker crypto trading
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Most Ohio-targeted prediction markets stayed active after deadline
Plus500US said it would halt sports contracts, while other platforms maintained that federal rather than state regulators oversee their businesses.
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Binance.US seeks CFTC approval to enter prediction markets
The exchange joins a growing group of crypto platforms pursuing event-contract trading as spot-market activity declines.
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Ohio prepares lawsuits against prediction markets that ignore sports-contract orders
Governor Mike DeWine says cease-and-desist notices will be followed by court action as one operator complies and two litigate.
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Taiwan blocks Coinbase and Kalshi websites over suspected election betting
A court-approved domestic web block came weeks before local elections, while authorities cited election integrity and overseas interference concerns.
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Coinbase agrees to halt Michigan sports event contracts
The temporary deal stops new contracts and closes open positions as the Sixth Circuit appeals remain unresolved.
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ProphetX, Gemini and Webull leave Connecticut after prediction-market orders
Six other platforms remain in contact with regulators as the state presses its case that sports-event contracts are unlicensed wagering.
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Ohio orders 10 prediction markets to halt sports contracts
Cease-and-desist letters cite the Sixth Circuit's ruling that federal commodities law does not displace Ohio's sports-gaming rules
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Illinois judge blocks key sports-wagering rules for Kalshi title-game contracts
The preliminary order finds certain championship-outcome contracts likely qualify as federally regulated swaps, but leaves Illinois’s new transaction fees for later review.
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Horsford presses Congress at G2E to curb prediction-market gambling
The Nevada congressman’s bill would bar federally regulated platforms from packaging sports betting and casino-style games as financial products.