Regulated US Prediction Market Platform Kalshi to Launch Crypto Price Betting Markets

According to PANews, Kalshi, the only regulated prediction market platform in the United States, is set to launch betting markets for the price outcomes of five cryptocurrencies. This move will allow customers to place bets on crypto price outcomes as digital currencies rebound from a two-year slump. The bets will be settled in US dollars. Unlike its competitor Polymarket, Kalshi is able to operate in the United States. The platform's introduction of crypto price betting markets aims to provide users with an opportunity to participate in the growing digital currency market while adhering to regulatory requirements.

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