Kalshi and Crypto.com Form Coalition to Push for Federal Prediction Market Regulation

CoinEdition

Release Time:12/12/2025 13:41:44

Kalshi and Crypto.com have joined Coinbase, Robinhood, and Underdog to form the Coalition for Prediction Markets, pushing for federal oversight under the CFTC. The group seeks to counter state-level enforcement and avoid gambling classifications that could limit access. Prediction markets hit $28 billion in 2025, with 45% of Americans under 45 using the platforms. Coalition members warn that unclear rules may shift activity to unregulated venues. As liquidity and crypto markets expand, the push for clarity aligns with broader efforts seen under EU Markets in Crypto-Assets Regulation.

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