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BREAKING: CFTC Files Restraining Order as New York AG Sues Kalshi Prediction Market

Covered by 2 sources · 2 articles

2 outlets - including Defi-planet and Coingape - are covering this story. The legal battle over US prediction markets intensified on Friday after the Commodity Futures Trading Commission (CFTC) asked a federal court to stop New York from taking action against federally regulated platforms, just hours after New Yo…

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CFTC Moves to Block New York Action as AG Sues Kalshi Over Prediction Markets
DeFi Planet Jul 31, 11:53 UTC

CFTC Moves to Block New York Action as AG Sues Kalshi Over Prediction Markets

The legal battle over US prediction markets intensified on Friday after the Commodity Futures Trading Commission (CFTC) asked a federal court to stop New York from taking action against federally regulated platforms, just hours after New Yo…

CoinGape Jul 31, 08:32 UTC

BREAKING: CFTC Files Restraining Order as New York AG Sues Kalshi Prediction Market

The legal fight between the Commodity Futures Trading Commission (CFTC) and New York over the over-regulation of prediction markets like Kalshi saw a dramatic escalation early Friday. The CFTC moved to shield registered prediction market pl…