‘Not behind closed doors’: Senate Banking Democrats call for prediction markets hearing as GOP meets privately with Kalshi

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
‘Not behind closed doors’: Senate Banking Democrats call for prediction markets hearing as GOP meets privately with KalshiWorldPing
Image via The Block.

What happened

Every Democrat on the Senate Banking Committee is urging its chair, Sen.

Tim Scott, to hold a congressional hearing on prediction markets.

Key facts

  • Reported by The Block and published Wed, 23 Sep 2026 17:36:11 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. ‘Not behind closed doors’: Senate Banking Democrats call for prediction markets hearing as GOP meets privately with Kalshi

  2. Kalshi says it is not being investigated by the CFTC over trading activity

  3. CFTC Chair Selig Says Regulator Is Preparing for ‘24-7, On-Chain’ Markets

  4. US lawmakers from gaming states urge SCOTUS to take up Kalshi case

  5. Bitmex Crypto Exchange Closes; Funds Left Behind Face New Account Fees

  6. Kalshi says CFTC hasn’t contacted it over ‘unusual’ $5B trading activity

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

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