Kalshi asks U.S. regulators to delay product launches by its rival, Cboe Global Markets, as competition between prediction markets and traditional exchanges intensifies. Bloomberg reports that Kalshi is seeking regulatory action tied to Cboe’s competing offerings.
The filings are directed at the Securities and Exchange Commission (SEC), with PYMNTS noting that Kalshi wrote to the agency earlier in August requesting it to pause or slow the launch of Cboe products. Both outlets frame the request as part of a broader dispute over how prediction-market products are overseen and introduced in the market.
While the reports agree on the core point—that Kalshi is urging the SEC to delay Cboe’s products—they differ mainly in emphasis. Bloomberg focuses on the growing friction between upstart prediction markets and incumbent financial exchanges, while PYMNTS highlights the reporting and timing details of Kalshi’s SEC letter.
