Kalshi Ruling Puts CFTC Prediction-Market Rules at Risk
A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was likely preempted by federal commodities…
#Supreme Court review
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Kalshi Faces Legal Setback as Court Ruling Upholds State Authority Over Prediction Markets
Rather than shutting down the increasingly popular prediction markets industry, the ruling has deepened the legal uncertainty surrounding retail trading. In April, another federal court…