**News Flash: Court Debates Political Betting Platform**

In a lively hearing on Sept. 19, the DC Circuit Court of Appeals scrutinized arguments from the Commodity Futures Trading Commission (CFTC) and betting platform Kalshi. The debate centered on whether Kalshi should be allowed to launch political betting markets.

- **Key Points:**

- Judges questioned both sides on the legality and definitions of election betting.

- CFTC's general counsel argued that allowing such markets could disrupt elections and harm public trust.

- Kalshi's lawyer countered that regulated betting could reduce risks compared to unregulated markets.

A decision is expected soon, with the US elections just around the corner on Nov. 5.