🚀 Hold onto your hats, DeFi and Web 3 enthusiasts! Kalshi just scored a courtroom win, allowing political prediction markets to trade in the U.S. 🇺🇸 But wait, the CFTC isn't giving up without a fight! 🥊
1️⃣ Kalshi wants to list its new political contracts while the CFTC appeals its loss. They argue that blocking them would cause "irreparable harm" and strip value from their Congressional Control Contracts.
2️⃣ The CFTC's emergency stay was denied, but the D.C. Appeals Court has temporarily suspended trading. Kalshi is now pleading to let the trades continue during the appeal process.
What do you think? Should Kalshi be allowed to trade? Comment below! 💬