Source: Coindesk.com
The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.
Kalshi is currently locked in a legal battle with the CFTC, which, last September, attempted to block the prediction market
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The post "Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing" appeared first here Coindesk.com.
Source: Coindesk.com
