AICryptoRadar
Regulation Positive

Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations

CoinDesk · 59 min ago

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Informational impactNot rated
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Risk contextUnknownOperational, security or regulatory context
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A Sixth Circuit Court of Appeals panel ruled that prediction markets' sports-related events contracts are not swaps, and therefore aren't subject to federal regulatory oversight.

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