Appeals Court Keeps Kalshi Election Bets Live, Upending CFTC Challenge
Court Deals Blow to CFTC, Greenlights Kalshi Election Bets A federal appeals court has refused to block Kalshi from offering contracts on U.S. elections, delivering a sharp setback to the Commodity Futures Trading Commission and opening a new front in the fight over who regulates prediction markets. The ruling keeps Kalshi’s contracts live while the…
