PANews April 22 news, according to CoinDesk, the prediction market platform Kalshi plans to launch cryptocurrency perpetual contract trading in the United States, starting with perpetual contracts for tokens like Bitcoin, leveraging its existing CFTC license and recently approved margin trading permissions, competing with platforms like Coinbase and Robinhood. Kalshi's expansion comes at a time of changing regulatory environment in the United States, where such products were previously traded mainly in offshore locations. Kalshi's competitor Polymarket also announced on Tuesday plans to launch perpetual contracts on its platform. As cryptocurrency trading volume declines while prediction market activity surges, the two sectors are rapidly merging, with platforms expanding product lines to compete for the same group of traders.

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