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Independent ResearchReference

A reference page, updated as the facts change rather than written once.

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Prediction markets regulation: the running tracker

A tracking list of regulatory actions, legislative votes, and court filings shaping US prediction markets.

Octans ResearchPublished

Snapshot

This reference page tracks regulatory rulings, legislative actions, and court filings governing US prediction markets. It serves institutional analysts and compliance officers monitoring jurisdictional boundaries between federal agencies and state authorities. Readers should evaluate each entry by its date, acting authority, and formal legal channel.

Coverage
Independent Research
Prepared by
Octans Research
As of

What We Know

  • Kalshi raised $300M in new funding on Oct. 10. The transaction represents significant capital allocation toward regulated market infrastructure.
  • Polymarket traders lowered Clarity Act passage odds to 32% by Dec. 31 from an 82% peak on Feb. 19. The shift demonstrates changing market expectations across trading venues.

Octans View

Jurisdictional friction accelerates. The entries show an expanding clash between federal derivatives oversight and state enforcement actions. This regulatory uncertainty persists even as platform valuations reach $5B.

Bear Case · Room for Disagreement

Public filings understate enforcement. The largest private transaction recorded is the $300M funding round raised by Kalshi. This tracker covers 16 actions reported across 5 publishers per the Octans Research market feed, omitting offshore venues and informal regulatory inquiries, which means the documented record misses the full scope of global enforcement actions and headline values rarely capture the complete regulatory burden.

Sources

  1. [1]financefeeds.comCFTC Prediction Market Rules: Comments Close July 27. The CFTC's comment window on prediction market rules closes Monday. The proposal permits broad sports outcomes and targets player props and officiating calls
  2. [2]pymnts.comA proposed rule for prediction markets submitted Tuesday (May 26) by the Commodity Futures Trading Commission (CFTC) is undergoing a regulatory review by
  3. [3]financefeeds.comOn April 13, 2026, Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam delivered a landmark address at the National Press Club, signaling a
  4. [4]financefeeds.comIn a historic move to safeguard institutional integrity, the United States Senate voted unanimously on Thursday, April 30, 2026, to ban its members, staffers,
  5. [5]crowdfundinsider.comFiled on April 24, 2026, in the US District
  6. [6]finance.yahoo.comJune 18 (Reuters) - The Chicago Mercantile Exchange sued the U. Commodity Futures Trading Commission and its chairman, Michael Selig, on Thursday, challenging a recent decision to let the prediction markets platform ‌Kalshi and cryptocurrency exchange Coinbase list perpetual futu
  7. [7]pymnts.comThe Commodity Futures Trading Commission (CFTC) said Wednesday (Feb. 25) that it has full authority to police illegal trading practices on designated
  8. [8]pymnts.comPrediction market Kalshi said Tuesday (March 17) that a lawsuit filed by the Arizona attorney general is meritless and that the company looks forward to
  9. [9]benzinga.comShayne Coplan, founder of decentralized prediction platform Polymarket, said Wednesday, September 3, that the Commodity Futures Trading Commission has approved the platform's operation in the U.S.
  10. [10]finance.yahoo.comKalshi, the U.S.-regulated prediction market, has raised $300 million in new funding at a valuation of $5 billion, The New York Times reported on Oct. 10. Founded by Tarek Mansour and Luana Lopes Lara in 2018, Kalshi is regulated by the Commodity Futures Trading Commission (CFTC)
  11. [11]financefeeds.comOn March 23, 2026, U.S. Senators Adam Schiff (D-Calif.) and John Curtis (R-Utah) introduced the "Prediction Markets Are Gambling Act," a landmark piece of
  12. [12]finance.yahoo.comNEW YORK, April 21 (Reuters) - New York's attorney general sued Coinbase Financial Markets and Gemini Titan on Tuesday, claiming their prediction markets violate state laws against illegal gambling.
  13. [13]pymnts.comThe Commodity Futures Trading Commission (CFTC) filed an amicus brief Tuesday (May 12) reaffirming its exclusive jurisdiction over prediction markets. The
  14. [14]financefeeds.comThe Senate skipped the CLARITY Act this week, leaving August 3-7 as the last full legislative week before recess. Polymarket passage odds sit at 32%.
  15. [15]financefeeds.comCommodity Futures Trading Commission (CFTC) officially filed a federal lawsuit against the state of Wisconsin on Tuesday, April 28, 2026. This legal
  16. [16]financefeeds.comPolymarket traders cut Clarity Act passage odds to 32% by Dec. 31, down from an 82% peak on Feb. 19 as the Senate calendar narrows.

Every figure above traces to a listed source, and no report publishes without at least three independent publishers. How we verify. Found an error? Tell us and we correct it in public.

$300M

- Kalshi raised $300M in new funding on Oct · What we know