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Kalshi Expands D.C. Presence Amid Regulatory Scrutiny of Prediction Markets

Kalshi Expands D.C. Presence Amid Regulatory Scrutiny of Prediction Markets

Author:

Global Cryptocurrency

Published:

2026-01-27 10:55:01

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BTCCSquare news:

Prediction markets platform Kalshi is doubling down on Washington influence operations with a new Capitol Hill office and high-profile hires. The CFTC-regulated firm, which processes $6.58 billion in monthly volume, tapped former Biden administration official John Bivona to lead federal lobbying efforts.

Regulatory headwinds persist as multiple states challenge the legality of sports-related contracts. The expansion comes as event-driven derivatives gain traction among institutional traders, though cryptocurrency markets remain distinctly separate from these regulated prediction products.

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