Kalshi Wins Round One: D.C. Circuit Denies CFTC Stay, Keeps Election Contracts Trading
Kalshi Wins Round One as CFTC Faces Stay Reversal The D.C. Circuit just denied the CFTC’s emergency request to pause a lower-court ruling that keeps Kalshi’s election contracts trading. In one short order the appeals court signaled that the prediction-market operator has the stronger legal footing for now, keeping a major new venue for political-event…
