Kalshi is regulated by the Commodity Futures Trading Commission (CFTC).
Posted by The Dan Bongino Show, Checked
- Sources
- 4 support1 context
- Said
- 1 time·
- Confidence
- 90%
The Dan Bongino ShowOct 19, 2026
The claim is a faithful paraphrase of the post ('Kalshi is CFTC regulated') and is supported as of 2026-10-19 by a CFTC primary order and an AP report describing Kalshi as a U.S.-regulated exchange. Later Utah state charges (2026-10-28) challenge Kalshi's conduct in Utah but do not change its CFTC regulatory status.
This claim is about the present, so it is judged as of the day it was checked.
What was said
… Football markets cover teams, players, matchups, and other storylines throughout the year. Check out Calshi, K-A-L-S-H-I. Market prices reflect what traders collectively think is going to happen, which is also a great data source. Calshi is CFTC regulated and federally approved. Calshi is available across the U.S., including California and Texas, so go today. Check them out: K-A-L-S-H-I, Kalshi.com slash r slash Bongino. That's Kalshi.com slash r slash Bongino to get a $25 credit on your first $25 trade. Thanks, Kalshi. …
The Dan Bongino Show · · from the transcriptPost →What we found
Supports. A CFTC order dated 2026-08-21 describes KalshiEX LLC as a designated contract market and places it under the Commission's exclusive jurisdiction over swaps traded on such markets.[3]
Supports. AP reports that Kalshi has been a U.S.-regulated exchange since 2020 and that it operates onshore under U.S. rules.[1]
Supports. Britannica describes Kalshi as a CFTC-regulated exchange that secured CFTC approval in November 2020, and Kalshi's own help page says it is regulated by the CFTC as a designated contract market.[4][5]
Context. Reuters reports that the CFTC sued to block Utah from enforcing anti-gambling laws against Kalshi, and that Utah then filed criminal charges; these are disputes over state law, not challenges to Kalshi's federal CFTC regulation.[2]
Sources
5 sources: 2 fact-checkers, 1 primary, 2 not rated
- 1Prediction markets under pressure to crack down on rogue ...apnews.com · fact-checker · cited for: supports
- 2Utah criminally charges Kalshi with promoting illegal gamblingreuters.com · fact-checker · cited for: context
- 3[PDF] united states of america - Commodity Futures Trading Commissioncftc.gov · primary source · cited for: supports
- 4Kalshi | Prediction Market Exchange, History, & Regulationbritannica.com · not rated · cited for: supports
- 5How is Kalshi regulated?help.kalshi.com · not rated · cited for: supports
Where this claim was made
Said in 1 published post