TLDR Crypto · MARKETS & BUSINESS
KALSHI CLEARED TO OFFER CONGRESSIONAL PREDICTION MARKETS IN VICTORY AGAINST CFTC
Summary from the TLDR Crypto newsletter
Kalshi, a US-regulated prediction market platform, won its lawsuit against the Commodity Futures Trading Commission over launching markets on which party will control the Senate and House of Representatives after the November elections. Though Kalshi does not integrate blockchain, this is a win for prediction markets like Polymarket, which have been operating solely outside of the United States. The CFTC has filed an emergency motion to stop Kalshi from listing its markets.