FEDERAL APPEALS COURT ALLOWS PREDICTION MARKET KALSHI TO OFFER US ELECTION BETTING

Summary from the TLDR Crypto newsletter

A federal appeals court has allowed Kalshi, an online prediction market, to offer election betting, rejecting a government watchdog's bid to block the ruling. While concerns remain about the impact on election integrity, the court found that the Commodity Futures Trading Commission hadn't shown that allowing these bets would cause irreparable harm.