Monday, November 18, 2024

Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing

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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Wall Street heavyweight Cantor among investment banks pitching FalconX for its potential IPO

Crypto trading firm FalconX's CEO has previously said it is considering a public listing. source https://www.coindesk.com/business/202...