🔥The CFTC has officially invoked emergency powers, ordering Kalshi to continue operating in New York. $APR $PROM $BR
This action directly overrides attempts by New York's Attorney General to shut down prediction markets under state gambling laws, keeping the doors wide open for real-event trading.
Major platforms like Polymarket remain officially blocked for US residents due to previous CFTC enforcement actions, while Kalshi operates under strict court-monitored rules.
The CFTC has proposed new, sweeping rules to explicitly ban derivatives contracts based on political contests, awards shows, and sports.
⚠️ALWAYS DO YOUR OWN RESEARCH BEFORE ANY TRADING.
This action directly overrides attempts by New York's Attorney General to shut down prediction markets under state gambling laws, keeping the doors wide open for real-event trading.
Major platforms like Polymarket remain officially blocked for US residents due to previous CFTC enforcement actions, while Kalshi operates under strict court-monitored rules.
The CFTC has proposed new, sweeping rules to explicitly ban derivatives contracts based on political contests, awards shows, and sports.
⚠️ALWAYS DO YOUR OWN RESEARCH BEFORE ANY TRADING.