Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.

The CFTC directed Kalshi to honor trades for Michigan residents despite a state judge's restraining order, escalating a federal vs. state jurisdiction

Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.

The U.S. derivatives regulator blocked Kalshi from cancelling trades in Michigan despite a state court order banning its sports-related contracts. The move highlights a growing…

Federal türev düzenleyicisi, Kalshi'deki işlemleri denetleyen kurum, Michigan'ın şirketi işlemleri geri almaya zorlamasının uygun olmadığını savundu.

The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.

The CFTC used emergency authority to block Kalshi from canceling Michigan trades, escalating a federal-state jurisdictional battle over prediction markets.

The CFTC stayed an emergency Kalshi that would have force-liquidated open event-contract positions held by certain Michigan residents.

The CFTC ordered KalshiEX to fulfill trades a Michigan court directed it to cancel, staying a rule change and escalating a federal-versus-state jurisdiction fight.