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

No comments:

Post a Comment

21Shares co-founder warns tokenization hype is outrunning Wall Street reality

Tokenization can improve settlement and asset movement, but key pieces of financial infrastructure remain unprepared for institutional-scale...