Source: Coindesk.com
A U.S. federal appeals court halted Kalshi's brand-new political prediction markets, heeding the Commodity Futures Trading Commission's request for an emergency stay after the regulator lost a similar motion to a lower-level judge.
Judge Jia Cobb of the District of Columbia court ruled last week that the CFTC exceeded its authority by banning Kalshi from listing U.S.
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Source: Coindesk.com
