Kalshi’s AI-compute price market faces Commerce scrutiny and a 60-day CFTC pause

The U.S. Commerce Department reportedly ordered Kalshi to remove a product tracking AI-compute prices, while Commerce officials cited national-security concerns. The product aggregated data from markets tied to the cost of renting Nvidia chips. A Commerce spokesperson denied that the department had ever asked Kalshi to remove the market, and Kalshi declined to comment.

Separately, Commerce reportedly pushed the Commodity Futures Trading Commission to effectively freeze approval of new compute contracts for 60 days. The underlying markets were described as thinly traded and potentially speculative; possible manipulation or volatility destabilizing AI stocks and debt markets was raised as a concern, not an established cause. The pause could delay planned compute-futures offerings from CME, NYSE parent Intercontinental Exchange and newer firms.