D.C. Circuit Denies CFTC Stay; Kalshi Election Bets Continue Trading
CFTC Fails to Block Election Betting on Kalshi Platform The D.C. Circuit Court of Appeals slammed the door on the Commodity Futures Trading Commission’s emergency bid to halt KalshiEX’s election contract trading, denying a stay on October 2, 2024. This keeps America’s hottest new prediction market humming through the 2024 election frenzy, signaling regulators can’t…
