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CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit

CryptoInfo Editorial Team  ·  Published on August 11, 2026 at 21:28  ·  Updated on August 12, 2026  ·  1 min read

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Key Takeaways

  • The CFTC ordered Kalshi to continue offering prediction markets in New York.
  • The order comes after New York sued Kalshi last month to block sports-related prediction markets.
Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

The Commodity Futures Trading Commission (CFTC) has ordered Kalshi to continue offering prediction markets in New York, following a lawsuit from the state last month. The lawsuit sought to block Kalshi from operating sports-related prediction markets in the state.

This development is based on reporting from CoinDesk, which provided details on the CFTC's decision and the preceding state lawsuit.

Source: CoinDesk ↗