Taiwanese authorities restrict access to Coinbase and Kalshi websites over election betting
The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.
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The access restrictions affect how prediction-market platforms can serve users in Taiwan amid enforcement over election-related betting.
The applications could enable Blockchain.com to seek approval to bring prediction markets and regulated trading to US users.
Kalshi retains preliminary protection from Illinois gambling enforcement, while wager-related fees remain subject to further briefing.
Coinbase must suspend Michigan prediction markets while Michigan withholds enforcement during compliance and related appeals.
Robinhood Derivatives faces a 16 October compliance deadline for Ohio’s cease-and-desist order concerning sports-event contracts.
Prediction market regulation faces scrutiny through 39 states’ Supreme Court filing and the NFL’s call for clarity.
Recipients face possible administrative, civil or criminal proceedings if they disregard the commission’s demands.
Coinbase’s withdrawal follows Michigan enforcement against sports event contracts that regulators consider unauthorised sports betting.
The withdrawals restrict operators’ sports contract offerings, while Coinbase’s agreement preserves its appeal and makes Michigan’s enforcement standstill conditional on compliance.
Nine prediction market platforms face Connecticut cease-and-desist orders over sports event contracts offered to residents.
The orders require nine prediction market companies to stop offering sports event contracts to Connecticut residents.
Coinbase’s selected platform automates contract creation, resolution, settlement and reporting for Kalshi prediction-market products.
Connecticut’s orders require nine platforms to halt sports event contracts and other alleged unlicensed online gambling while permitting withdrawals.
The campaign gives investors an update on Novig’s marketing activity in prediction markets.
Robinhood’s sports event contracts remain withdrawn from Michigan at least until the Sixth Circuit rules on related appeals.
Kalshi is lobbying to maintain California platform access as DraftKings goes live in the state.
The committee examined manipulation risks, while disputed examples highlight disagreement over which products breached standards.
The platforms face disclosure requests concerning advertising practices and potential marketing to minors.
The seed financing funds a recently formed prediction market infrastructure supplier.
The decision leaves the companies without the requested temporary protection against state regulatory action.
The decisions deny the operators the preliminary protection they sought against state gambling regulation.
Prediction-market revenue rose while Coinbase’s cryptocurrency business faced weaker conditions.
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