Kalshi Prevails in Round Two as CFTC Loses Ground on Election-Outcome Bets
KALSHI WINS ROUND TWO AS CFTC LOSES GRIP ON ELECTION BETS A federal appeals court refused to halt a lower court’s order letting Kalshi offer contracts on U.S. election outcomes, dealing the Commodity Futures Trading Commission a sharp setback in its effort to police political-event contracts. The decision keeps the platform’s markets live while the…
