Source: Coindesk.com
In its long-running legal fight to offer event contracts on U.S. elections, Kalshi regularly emphasized it is a regulated exchange, in contrast to its much-larger, crypto-based, offshore rival Polymarket.
That hasn't stopped Better Markets, an activist group that advocates for stricter financial regulations, from citing activity on Polymarket as one reason to stop Kalshi from letting traders
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Source: Coindesk.com