Kalshi Loses Nevada Court Fight as Prediction Markets Battle Over Who Gets to Regulate Them
A federal appeals court ruled Nevada can regulate Kalshi, deepening a nationwide legal battle over prediction markets.
A court decided Nevada can make rules for Kalshi, a company that lets people bet on future events. This shows the government is still figuring out who gets to control prediction markets, which could affect how crypto companies like Coinbase grow in this space.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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