CFTC orders Kalshi to honor Michigan trades, escalating clash with state regulators
Covered by 2 sources · 2 articles
2 outlets - including Cryptonomist and Theblock - are covering this story. A direct collision between state and federal authority is playing out over Kalshi Michigan trades — and the outcome could shape how prediction markets operate across the entire country. The dispute escalated sharply after the Commodity Futu…
All coverage
Kalshi Michigan Trades Survive as CFTC Defies State Court Order
A direct collision between state and federal authority is playing out over Kalshi Michigan trades — and the outcome could shape how prediction markets operate across the entire country. The dispute escalated sharply after the Commodity Futu…
CFTC orders Kalshi to honor Michigan trades, escalating clash with state regulators
Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.