Tough Times for Prediction Markets: Kalshi Wins Case Against CFTC, Still Faces Shutdown
đđđ
My dear brother, follow us to benefit. â€ïžFollowâ€ïž + đLike đ so we can distribute gifts to everyone. Thank you. If you'd like to enter the drawing, send a tip and leave your đID đ in the comments to be chosen.
Thank you for listening to us
A U.S. District Court has ruled in favor of the Kalshi prediction market, effectively approving betting on the presidential electionâs outcome.
Kalshi has won a lawsuit against the U.S. Commodity Futures Trading Commission (CFTC) after the regulator banned betting on political events in the U.S.
However, in response, the regulator filed an emergency motion to make this decision. The company believes that this threatens the platformâs collapse.
Table of Contents
What is known about Kalshi
What is the essence of the Kalshi-CFTC conflict?
The CFTCâs response
#CPI_BTC_Watch #TON #DOGSONBINANCE #BNBChainMemecoins #PowellAtJacksonHole $BTC