The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.
source https://www.coindesk.com/policy/2024/11/18/only-congress-can-ban-election-betting-kalshi-tells-appeals-court-in-new-filing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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