RegulationKalshiWed, Aug 12, 2026, 5:04 AMNeutral
CFTC Uses Emergency Powers to Support Kalshi Amid Legal Battle in New York
The CFTC has invoked emergency powers to allow Kalshi to continue its operations amid a legal battle in New York, where the state is seeking at least $36 billion and imposing broad restrictions on event contracts. This order escalates a jurisdictional dispute over whether states can classify federally regulated event contracts as illegal gambling.
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crypto.newsa month ago
CFTC orders Kalshi to keep operating in $36B New York fight
CFTC invokes emergency powers to keep Kalshi operating as New York seeks at least $36 billion and broad restrictions on event contracts.
cryptoNeutralRead full article
Cointelegrapha month ago
CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.
cryptoNeutralRead full article
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