First, he flagged a crucial mix-up in Beni’s original post, explaining that the Artemis chart cited in the complaint measured prediction-market share rather than perpetual contract volume. He also demystified why Kalshi’s volume numbers look so high, explaining that they use the exact same reporting convention as Polymarket: volume reflects the maximum potential payout, not […]
The U.S. Commodity Futures Trading Commission threw itself in between Michigan courts and prediction market firm Kalshi on Tuesday, issuing an order to disallow the company from meeting a local court demand that it cancel previous customer transactions. The CFTC move amplifies its legal fight with state governments and courts over what its chairman argues […]
The negotiation to get a crypto market structure bill through its next stages in the Senate have hovered over an almost-there status for weeks, and Republican lawmakers met on Thursday to figure out how to bridge the final gaps. The White House was expected to get some updated legislative language on Thursday, reflecting the ongoing […]