🚀 Buckle up, DeFi and Web 3 enthusiasts! Kalshi's political prediction markets are causing quite the stir! 🌪️
1/ A federal judge gave Kalshi the green light to list contracts predicting political outcomes. 🎉 But hold your horses! The CFTC quickly filed for an emergency stay. 🚫
2/ Judges grilled both sides, questioning the legality and potential manipulation of these markets. 🤔
3/ Kalshi argues regulated markets are safer, while the CFTC worries about "irreparable harm" and election integrity. 🗳️
What do you think? Should political prediction markets be allowed? Comment below! ⬇️