The U.S. Court of Appeals recently ruled that predictive markets should be regulated as gambling activities. This decision directly targeted popular predictive market platforms, including Kalshi. Recent data shows a sharp increase in the popularity of such predictive markets in the United States, attracting widespread attention to their compliance and regulatory framework.
The appellate court ruled that predictive markets should be regulated as gambling, and this decision applied to popular predictive markets including Kalshi. This year, predictive markets, especially Kalshi, have seen a sharp increase in popularity.