Kalshi court setbacks, Capitol Hill action, and CFTC filings, today in prediction market news LIVE

Today in prediction market news, we’re tracking the biggest developments across the industry in real time, including a federal judge’s decision to send Kalshi’s lawsuit against Michigan back to state court, new legal filings involving Kalshi and the New Mexico Tribes, and fresh momentum for federal prediction market legislation on Capitol Hill. We’ll also cover the Senate Democrats’ effort to limit the CFTC’s litigation funding, and the latest exchange fee filings from Kalshi and Polymarket. Follow our live blog throughout the day for breaking updates, market reactions, and analysis from across the prediction markets, sports event trading, crypto, and regulated forecasting industries.
The post Kalshi court setbacks, Capitol Hill action, and CFTC filings, today in prediction market news LIVE appeared first on ReadWrite.
Suswati Basu
News Editor
Suswati Basu is a multilingual, award-winning editor and the founder of the intersectional literature channel, How To Be Books. She was shortlisted for the Guardian Mary Stott Prize and longlisted for the Guardian International Development Journalism Award. With 18 years of experience in the media industry, Suswati has held significant roles such as head of audience and deputy editor for NationalWorld news, digital editor for Channel 4 News and ITV News. She has also contributed to the Guardian and received training at the BBC. As an audience, trends, and SEO specialist, she has participated in panel events alongside Google. Her…
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