Weekly Project Updates: CFTC Weighs Charges Against Kalshi, NYSE Uses Avalanche for Tokenized Stocks, Zcash Pushes NU8 Major Upgrade, etc

The Commodity Futures Trading Commission (CFTC) is investigating whether prediction market platform Kalshi failed to complete required notification procedures for dozens of proposed new contracts, and has issued a warning to Kalshi of potential enforcement action. Kalshi responded that the issues stem from procedural errors in the submission of a small number of contracts, many of which have not yet launched, and the company is working to resolve them. The investigation has been ongoing for months and focuses on the self-certification mechanism for new prediction market contracts.