U.S. Commodity Futures Trading Commission Asks Appeals Court to Extend Stay on Prediction Market Platform Kalshi

Article is form followin
September 15, 2024
This article is translated by ChatGPT Show original
Back Icon Image

CFTC Warns of Election Betting Surge, Seeks to Extend Halt on Kalshi

PANews, September 15: The US Commodity Futures Trading Commission (CFTC) has issued a warning about an impending surge in "election betting activity" in the US. The CFTC has also requested that an appeals court extend its suspension of the prediction market platform Kalshi until its appeal is concluded.

Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.