Election Coverage 2024

Election Coverage 2024

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Policy

Kalshi Lists Long-Sought Election Contracts After Beating CFTC in Court

Contracts on which party will control the Senate and House went live Thursday shortly after a federal judge rejected the regulator's last-minute bid to block them.

NEW YORK, NY - SEPTEMBER 10: Diners watch as Republican presidential candidate, former U.S. President Donald Trump, and Democratic presidential candidate, U.S. Vice President Kamala Harris, debate for the first time during the presidential election campaign on September 10, 2024 at the Bar Tabac in New York City. After earning the Democratic Party nomination following President Joe Biden's decision to leave the race, Harris faced off with Trump in what may be the only debate of the 2024 race for the White House. (Photo by Robert Nickelsberg/Getty Images)

News Analysis

U.S. Election Betting: What's at Stake in Final (?) CFTC-Kalshi Showdown

Here's how to listen to Thursday's hearing in the closely watched federal court case over political prediction markets, and why it matters.

WASHINGTON, DC - DECEMBER 01:  Commodity Futures Trading Commission Chairman Rostin Behnam testifies about the collapse of the cryptocurrency exchange company FTX before the Senate Agriculture, Nutrition and Forestry Committee in the Dirksen Senate Office Building on Capitol Hill on December 01, 2022 in Washington, DC. In his first public comments since his business collapsed, Sam Bankman-Fried told the New York Times Wednesday that management and accounting failures were the reason for the collapse of his $32 billion company, which has sparked civil and criminal investigations. (Photo by Chip Somodevilla/Getty Images)

Policy

Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests

Crypto was once again not mentioned in the second 2024 debate, the first between Kamala Harris and Donald Trump.

Former U.S. President Donald Trump and Vice President Kamala Harris (Win McNamee/Getty Images)

Markets

Trump-Harris Debate: Polymarket Shows Slim Odds of Crypto Mention

Traders see only a 17% chance that Donald Trump will say "crypto" or "bitcoin" and just 13% for Kamala Harris.

PHILADELPHIA, PENNSYLVANIA - SEPTEMBER 09: Final preparations are made in the spin room prior to the ABC News Presidential Debate on September 09, 2024 at the Convention Center in Philadelphia, Pennsylvania. Democratic presidential nominee, U.S. Vice President Kamala Harris and Republican presidential nominee former President Donald Trump will face off in their first debate tomorrow evening at the Constitution Center. (Photo by Kevin Dietsch/Getty Images)

Policy

Kalshi's U.S. Election Markets Delayed Until Friday at Earliest

The judge in the prediction market's court case against the CFTC has called a hearing Thursday over the regulator's motion for a two-week delay.

GREENSBURG, PENNSYLVANIA - AUGUST 21: Supporters of former President Donald Trump volunteer at a Republican Party booth at the the Westmoreland Fair, handing out lawn signs and registering voters, August 21, 2024 in rural Westmoreland County, Pennsylvania. Pennsylvania is deeply divided politically, with the urban centers at either end of the state supporting the Democratic Party, and large sections of the rural communities enthusiastic for a second Donald Trump victory.(Photo by Andrew Lichtenstein/Corbis via Getty Images)

Policy

CFTC Pleads With Judge to Block Kalshi Election Contracts for 14 Days

The agency says it can't make "an informed decision" about whether to appeal the judge's decision in Kalshi's favor until it knows her as-yet-unpublished rationale.

DENVER, COLORADO - MARCH 5: An election judge holds "I Voted" stickers while collecting drive-thru ballots on March 5, 2024 outside the Highland Recreation Center in Denver, Colorado. 15 States and one U.S. Territory hold their primary elections on Super Tuesday, awarding more delegates than any other day in the presidential nominating calendar.  (Photo by Marc Piscotty/Getty Images)

Policy

Ripple Co-Founder Among Kamala Harris' New Corporate Endorsers

Chris Larsen's endorsement comes as Ripple has emerged as one of the biggest donors in the 2024 U.S. elections, though his choice may be at odds with the company CEO's support of Senate Republicans.

Kamala Harris (Getty Images / Win McNamee)

Policy

Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI

If elected, the former U.S. president has said he will install Elon Musk as head of a new government efficiency commission.

Former President Donald Trump made only a brief mention of crypto in an otherwise wide-ranging economic speech. (Scott Olson/Getty Images)

Policy

Kamala Harris Is Not Directly Accepting Crypto Donations, a PAC Is, Coinbase Says

A spokesperson for Coinbase said the Future Forward PAC, which is dedicated to supporting Kamala Harris, is accepting crypto donations, rather than her campaign directly.

A PAC supporting Kamala Harris' presidential campaign is accepting crypto donations via Coinbase. (Brandon Bell/Getty Images)

Finance

In Trump-Backed Crypto Project, Insiders Are Poised for Unusually Big Token Payouts

The team could get 70% of World Liberty Financial's tokens, a significantly higher-than-normal allocation from a project marketed as a solution to the “rigged” traditional finance system.

Eric, Donald and Donald Trump Jr. (Desiree Navarro/WireImage)