CFTC Orders Kalshi to Continue Operations Amid New York Lawsuit
The CFTC has mandated that Kalshi continue its operations despite a lawsuit from New York seeking to block its prediction markets. This case could redefine the regulatory landscape for prediction markets, impacting federal and state authority balance.
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CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
The CFTC flexed its emergency authority and ordered Kalshi to keep operating after the platform was sued last month in New York.
CFTC orders Kalshi to continue operating as New York seeks $36 billion in damages
The case could redefine federal vs. state authority over prediction markets, impacting regulatory frameworks and market operations nationwide. The post CFTC orders Kalshi to continue operating as New York seeks $36 billion in damages appeared first on Crypto Briefing .
CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
New York sued Kalshi last month in a bid to block it from operating sports-related prediction markets.