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2025-05-06 22:01:35

tzongocu on Nostr: 📰 News Alert... 🔖 Title: CFTC Moves to Drop Appeal Against Prediction Market ...

📰 News Alert...

🔖 Title: CFTC Moves to Drop Appeal Against Prediction Market Kalshi
🗓️ Published: 2025-05-06T16:30:00-04:00
📄 Summary: The U.S. Commodity Futures Trading Commission (CFTC) has filed a motion to withdraw its appeal concerning Kalshi, a prediction market platform. This development may allow Kalshi to provide contracts for political events without regulatory hurdles. The CFTC's decision comes after a favorable ruling for Kalshi in a lower court, with the platform boasting its staying power in the election betting space. As the dynamics within the commission shift, this motion signals a potential easing of restrictions on prediction markets.
🔗 https://cointelegraph.com/news/cftc-dismiss-appeal-kalshi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

🗞️ Source: Cointelegraph by Turner Wright
💓 #PredictionMarkets #PoliticalBetting #CFTC
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