Kalshi Wins Court Battle: Election-Contract Bets Allowed as CFTC’s Authority Takes a Hit
Kalshi Wins, CFTC Authority Takes a Hit A federal appeals court just refused to pause a lower-court order letting Kalshi run elections-based event contracts—marking the first time a major venue can legally offer direct bets on U.S. political outcomes. The ruling keeps Kalshi’s platform live while the CFTC appeals, and it signals that regulators may…
