Kalshi Bolsters U.S. Policy Engagement With New Washington, D.C. Office
Kalshi, a CFTC-regulated prediction markets platform, has opened a new office in Washington, D.C. to strengthen its U.S. government relations and policy efforts. The company has appointed John Bivona as Head of Federal Government Relations and Blake Bee to lead its state policy agenda. This expansion comes as Kalshi faces regulatory challenges and litigation in several states, where its prediction markets are being scrutinized as potential unlicensed gambling. Despite these hurdles, Kalshi remains the world's largest prediction market by volume, reporting $6.58 billion in monthly trading. The new office aims to advance responsible financial innovation and engage with U.S. policymakers.
TheNewsCrypto01/27 09:56