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CFTC demands nationwide access as prediction platforms face reopening deadline

The Commodity Futures Trading Commission said designated contract markets including Kalshi and Polymarket cannot cut off customers state by state and must operate nationwide, giving firms 30 days to reopen closed regions or explain why that is not feasible.

The Commodity Futures Trading Commission says designated contract markets must make their services available nationwide rather than exclude customers in individual states, according to Newisty.

The requirement covers designated contract markets including Kalshi and Polymarket. As reported by Newisty, the regulator’s position applies despite court orders.

Firms given 30 days to respond

The CFTC has given firms 30 days to restore access in regions they have closed, according to Newisty.

Alternatively, firms must explain why reopening those regions is not feasible. The supplied summary does not identify the affected states or describe the court orders.

What it means for prediction markets

  • Access is the immediate issue: The CFTC’s position challenges state-by-state restrictions on participation at designated contract markets.
  • The deadline provides a watchpoint: Firms must reopen closed regions within 30 days or explain why they cannot feasibly do so.
  • Legal details remain limited: The supplied material does not explain how the nationwide-access requirement interacts with particular court orders.
KalshiPolymarketCFTCInfiniti MarketsInfiniti Signals

Sources & attribution

Published
  1. Source
    Newisty
    Publisher
    The publisher did not list a web address.
    Source URL
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