Baltimore and New York act on prediction markets as CFTC probes Kalshi
Regulation · SectorWire deskSource published
Summary
Baltimore and New York took action against leading US prediction market operators in the same week that a CFTC probe of mention markets emerged. The report says regulatory pressure on Kalshi is mounting at both local and federal level.
Why it matters
Baltimore and New York acted against prediction market operators as a CFTC probe of mention markets emerged.
Cite as: SectorWire, “Baltimore and New York act on prediction markets as CFTC probes Kalshi”, 14 August 2026, https://sectorwire.news/item/baltimore-and-new-york-act-on-prediction-markets-as-cftc-probes-kalshi/
Key facts
- Parties
- Kalshi, Polymarket · CFTC
- Market
- USA