December 23, 2024

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CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets

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CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets
CFTC Loses Round One: Kalshi Cleared to Offer US Election BetsA federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t the final word just yet, as the CFTC […]