đ Big news in the DeFi & Web 3 space! Kalshi just got the green light to list election contracts, despite the CFTC's objections. đ
1ïžâŁ A federal judge ruled that Kalshi can list these contracts, much to the CFTC's dismay. The CFTC argued that this falls under "gaming," but the court didn't buy it.
2ïžâŁ Kalshi wasted no time and has already listed contracts for the 2024 election, from presidential winners to state victories. đłïž
3ïžâŁ The CFTC tried to stop this with an emergency stay, but the appellate court said, "No harm, no foul."
What do you think? Is this a win for DeFi? Comment below! đ