Reported 26 days ago
Americans looking to bet on the results of the 2024 elections have encountered another hurdle as a federal appeals court has put a hold on trading political derivatives contracts on Kalshi Inc. The Commodity Futures Trading Commission (CFTC) is contesting a previous court ruling that allowed Kalshi to offer these contracts, arguing it could undermine election integrity. Trading was suspended shortly after it began, and a decision from the appeals court is expected soon.
Source: YAHOO