It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.

It marks the seventh state the commission has sued in a dispute over who has the right to regulate event contract platforms.

Kalshi, CFTC Chair Michael Selig, and US President Donald Trump all made public statements this week supporting federal regulation over prediction markets in response to…

The Commodity Futures Trading Commission (CFTC) moved to intervene in Rhode Island litigation over prediction markets, seeking to block state gambling

The federal agency argues it holds exclusive jurisdiction over platforms like Kalshi and Polymarket, making Rhode Island the seventh state it has sued