Kalshi seeks relief from state enforcement as CFTC considers prediction market rules
By The Weekly Edge desk ·
Summary
Kalshi sought relief from state enforcement as prediction market disputes increasingly reached federal appeals courts, Gambling Insider reported. Crypto.com agreed to wait for a Ninth Circuit ruling, while the CFTC moved towards new sector rules.
Why it matters
Operators seeking relief from state enforcement face federal appeals proceedings as the CFTC moves towards new sector rules.