๐ Big moves in the blockchain world! Kalshi's bid to launch political prediction markets in the U.S. faces a rollercoaster as the CFTC appeals a lower court ruling. ๐๏ธ
During a heated 2.5-hour hearing, judges grilled both sides, questioning the potential for market manipulation and the integrity of election betting. Kalshi argues regulated markets are safer, while the CFTC warns of "irreparable harm."
What do you think? Should political prediction markets be allowed? Drop your thoughts below! ๐ฌ #Blockchain #Crypto #CFTC #Kalshi #PredictionMarkets