The Federal Government Once Tried To Restrict Prediction Markets. Now It's Suing States To Save Them.
In a bid to “reaffirm its exclusive jurisdiction” over prediction markets such as Kalshi, the Commodity Futures Trading Commission is suing six states for interfering in federally…
Written byTosin AkintolaSource: Latest - Reason.com
In a bid to “reaffirm its exclusive jurisdiction” over prediction markets such as Kalshi, the Commodity Futures Trading Commission is suing six states for interfering in federally regulated financial markets.