CFTC voluntarily dismisses lawsuit, election betting regulation takes a sudden turn: Prediction markets may enter a "legalization era"
The U.S. Commodity Futures Trading Commission (CFTC) this week voluntarily withdrew its appeal against the Kalshi exchange, marking an official end to its policy of cracking down on election betting. This move not only represents a significant shift in regulatory attitudes but also signals the gradu
Election Betting Frenzy? Surge in Election Bets on Gambling Platforms!
Betting on the US election becomes mainstream
Election betting in the United States is emerging from the shadows, led by the Silicon Valley-backed derivatives startup Kalshi. Despite ongoing legal disputes with the Commodity Futures Trading Commission (CFTC), Kalshi recently received federal judge approval to offer a political betting market on
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