Prediction Markets Go to Washington('s Appeals Court)
Submitted by Anonymous (not verified) on Fri, 09/20/2024 - 19:40The CFTC is working to ban political prediction markets.
The CFTC is working to ban political prediction markets.
A panel of judges grilled attorneys for the U.S.
After the U.S.
The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal.
Prediction market company Kalshi pushed back against the Commodity Futures Trading Commission's move to block its new election contracts, saying th
If it turns out that the judge's ruling preempts the CFTC’s proposed rulemaking, election event contracts may now be completely legal.
The U.S. Commodity Futures Trading Commission appealed its loss against prediction markets platform Kalshi to the D.C.
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