Reported 27 days ago
Kalshi Inc. has commenced betting on the 2024 congressional elections following a federal court ruling that permits the exchange to operate despite the Commodity Futures Trading Commission's (CFTC) objections. With a potential of up to $100 million in wagers, this decision allows Kalshi to introduce event contracts related to electoral outcomes, seeing it as a pivotal moment that enhances market opportunities for consumers in a regulated environment.
Source: YAHOO