Crypto.com and Kalshi need to provide more information to the US CFTC to determine if their Super Bowl event contracts comply ...
Robinhood had partnered with Kalshi to accept trades on the outcome of the Super Bowl and other sports events, in all 50 states.
Robinhood Markets Inc. said it received a formal request from the Commodity Futures Trading Commission to suspend its ...
Robinhood said on Tuesday it is rolling back the event contracts that would let users bet on the result of the Super Bowl ...
The regulator's probe is focused on the issue of sports being considered gaming, said New York-based crypto lawyer Aaron ...
The CFTC has reportedly probed Crypto.com and Kalshi over their Super Bowl markets, asking them to explain how they comply ...
Election event contracts offered by platforms like Kalshi Inc. stand to receive the Commodity Futures Trading Commission’s ...
Robinhood said on Tuesday it had suspended trading in Super Bowl betting contracts after the brokerage received a request ...
While Kalshi is regulated by the CFTC, the prediction market is not able to list contracts that include gaming, a vague area ...
Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be ...
Robinhood Markets Inc (NASDAQ:HOOD). announced the suspension of its newly launched Super Bowl betting feature in response to a request from the Commodities and Futures Trading Commission (CFTC).