🚨 Regulators Eye Election Betting Surge!
The U.S. Commodity Futures Trading Commission (CFTC) is pressing the brakes on Kalshi’s political prediction market, citing concerns over a potential explosion in election-related betting. The CFTC is asking an appeals court to maintain the halt, fearing that a recent district court ruling has fueled expectations of legalized election wagering.
As the regulatory landscape shifts, how will it affect market dynamics? Stay tuned for more insights! #Binance #CryptoNews #ElectionMarkets #Regulation #CFTC
