Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations
CoinDesk
Read Full Article at CoinDesk →Ad Slot — In-Article (728x90)
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.
This is a summary. For the full story, read the original article at CoinDesk.
Original source: CoinDesk