By Hassan Shittu Key highlights: Kalshi launched CFTC-approved gold and silver perpetual futures after its crypto perps generated ~$44B in notional volume Kalshi also filed for CFTC approval on the S&P 500-equivalent index and copper perps, steadily expanding from prediction markets into traditional derivatives territory The expansion follows strong institutional momentum as it raised $1.12B […]
Tag: CFTC
By Hassan Shittu Key highlights: ESMA warned Polymarket and Kalshi may need EU authorization, flagging inconsistent access restrictions and VPN bypass risks Europe is already fragmented: France blocked Polymarket, Spain acted against both, and regulators in Netherlands, Portugal, Belgium, and Poland have pursued restrictions Michigan won a geofencing injunction against Kalshi, a Third/Ninth Circuit split […]
By Michael Adeleke Key highlights: Senate released a 630-page revised bill text on Thursday The new text includes over 100 changes requested by Democrats The ethics section is still unchanged from the July draft, which is a major sticking point Senate Republicans released an updated version of the CLARITY Act on Thursday. This comes a […]