Prediction Markets or Gambling? CFTC Moves to Draw the Line After Kalshi Court Loss
CFTC rules could redraw the line between prediction markets and gambling after Kalshi’s latest court defeat.
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Why It Matters
The CFTC (a government money watchdog) lost a court case about prediction markets. Now they may write new rules to say which bets are okay and which are gambling.
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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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