Kalshi has secured a temporary legal pause in Connecticut, as a federal judge ordered the state's Department of Consumer Protection to halt enforcement actions against the prediction market platform. This pause allows Kalshi to argue its position that it operates under the EU Markets in Crypto-Assets Regulation as a derivatives market rather than a gambling entity. Connecticut regulators are required to respond to the lawsuit by January 9, 2026, with oral arguments scheduled for mid-February. In a separate development, the Commodity Futures Trading Commission (CFTC) has approved Gemini's Gemini Titan platform as a designated contract market. This approval aligns with standards for Countering the Financing of Terrorism, marking a significant regulatory milestone for the platform.