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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Senate Banking Committee plans to hold key market structure hearing on Thursday

The Senate Banking Committee announced it would hold its markup hearing for the Clarity Act on March 14. source https://www.coindesk.com/po...