Kalshi Wins as Court Keeps Election-Contract Trading Open, Dashing CFTC Ban
KALSHI WINS, CFTC LOSES IN SWEEPING ELECTION BETS RULING A federal appeals court handed Kalshi a stunning victory Wednesday, refusing to block a lower court order that forces the CFTC to let the prediction market list election contracts. The decision keeps political betting markets alive on a major U.S. exchange and signals that regulators may…
