November 14, 2024
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U.S. Election Betting: CFTC, Kalshi Both Grilled by Judges in Appeals Court

A panel of judges grilled attorneys for the U.S. Commodity Futures Trading Commission and prediction-betting platform Kalshi over the company’s efforts to launch political prediction markets in the U.S., without indicating whether they’d allow Kalshi to offer these products while reviewing a lower court’s ruling on the products.

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