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CFTC Uses Emergency Powers to Keep Kalshi Running in New York

By Trader Edge at 2026-08-12 04:27

Sentiment: Negative

TLDR The CFTC invoked emergency authority to order prediction market platform Kalshi to keep operating in New York New York sued Kalshi on July 31, claiming it runs an unlicensed gambling business offering sports prediction markets New York is seeking at least $36 billion in damages plus penalties of up to three times Kalshi’s alleged [...] The post CFTC Uses Emergency Powers to Keep Kalshi Running in New York appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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