'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court
The regulator asked the court to extend the pause of Kalshi's political prediction markets for as long as the agency's appeal is pending.
Warning of an imminent "explosion in election gambling," the U.S. Commodity Futures Trading Commission asked an appeals court to extend the pause on Kalshi's political prediction markets for as long as the agency's appeal is pending....