Kalshi Bolsters U.S. Policy Engagement With New Washington, D.C. Office

TheNewsCrypto2026-01-27 tarihinde yayınlandı2026-01-27 tarihinde güncellendi

Özet

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.

Kalshi, a prediction markets platform that is regulated by the Commodity Futures Trading Commission (CFTC), has launched a new office in Washington, D.C. to enhance its government relations and policy initiatives in the United States. The new office is part of Kalshi’s efforts to engage with federal and state policymakers as the company faces regulatory challenges and litigation related to its prediction markets.

The newly established office in D.C. will provide a platform for Kalshi’s federal advocacy work, which will focus on encouraging responsible innovation in the financial sector and engaging with the legislative and regulatory community. As part of this effort, Kalshi has appointed John Bivona as the first-ever Head of Federal Government Relations. Bivona is a political strategist with more than two decades of experience, including being the first White House liaison at the Department of Homeland Security in the Biden administration.

Leadership Hires and Policy Strategy

Apart from Bivona’s appointment for federal engagement, Kalshi has also hired Blake Bee to oversee its state policy agenda. Bee was a senior manager of state and local public policy at Amazon, where he worked with state attorneys general on regulatory issues. These appointments by Kalshi indicate the company’s commitment to developing its advocacy strategy at both the federal and state levels.

Kalshi’s expansion into Washington also occurs during a time of increased legal and regulatory activity surrounding the prediction markets industry. Several U.S. states, including Arizona, Tennessee, Connecticut, and Massachusetts, have taken enforcement action against the sports event contracts offered by Kalshi, claiming that certain markets may be operating as unlicensed gambling under state law. In Nevada, a federal judge has held that Kalshi must abide by state gaming laws, although Kalshi is currently appealing this ruling. On the other hand, certain court rulings have stayed enforcement actions against Kalshi’s contracts in states such as Tennessee.

Market Position and Volume Growth

Kalshi is currently the largest prediction market in the world by monthly trading volume, reporting $6.58 billion in December, which is significantly higher than some of its competitors. The company’s volumes have experienced significant growth since the introduction of sports-related event contracts associated with major league seasons, such as the NFL.

The establishment of Kalshi’s Washington, D.C. office and strategic hiring for federal and state policy leadership positions the company’s efforts to engage more with U.S. regulators and lawmakers. By placing experienced government relations professionals in the nation’s capital, Kalshi is positioning itself to shape the regulatory discourse of financial innovation and prediction markets.

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İlgili Sorular

QWhat is the primary purpose of Kalshi's new office in Washington, D.C.?

AThe primary purpose of Kalshi's new Washington, D.C. office is to enhance its government relations and policy initiatives, providing a platform for federal advocacy work focused on encouraging responsible innovation in the financial sector and engaging with the legislative and regulatory community.

QWho has Kalshi appointed as its first-ever Head of Federal Government Relations and what is his background?

AKalshi has appointed John Bivona as its first-ever Head of Federal Government Relations. He is a political strategist with more than two decades of experience, including serving as the first White House liaison at the Department of Homeland Security in the Biden administration.

QWhich U.S. states have taken enforcement action against Kalshi's sports event contracts?

ASeveral U.S. states, including Arizona, Tennessee, Connecticut, and Massachusetts, have taken enforcement action against Kalshi's sports event contracts, claiming they may be operating as unlicensed gambling under state law.

QWhat was Kalshi's reported monthly trading volume in December and how does it compare to competitors?

AKalshi reported a monthly trading volume of $6.58 billion in December, which is significantly higher than some of its competitors, making it the largest prediction market in the world by monthly trading volume.

QWhat other key policy hire did Kalshi make alongside John Bivona for its government relations efforts?

AAlongside John Bivona, Kalshi hired Blake Bee to oversee its state policy agenda. Bee was previously a senior manager of state and local public policy at Amazon, where he worked with state attorneys general on regulatory issues.

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