$BTC Kalshi Blocked in Washington State as CFTC Escalates Prediction-Market Rulemaking
Washington state has cut off Kalshi customer access while the platform challenges the restriction in court and its federal regulator keeps pursuing new rules.
Kalshi is contesting a Washington state ban on event contracts in federal court as the CFTC advances strict new rules for registered prediction markets.
Washington state has cut off Kalshi customer access while the platform challenges the restriction in court and its federal regulator keeps pursuing new rules.
The Commodity Futures Trading Commission registered Kalshi as a designated contract market in 2021, allowing it to list event contracts on elections, economic indicators, and weather.
Watch $BTC for the next session - if this move holds, it changes the read.
$BTC #BTC #CryptoRegulation #CryptoNews
Washington state has cut off Kalshi customer access while the platform challenges the restriction in court and its federal regulator keeps pursuing new rules.
Kalshi is contesting a Washington state ban on event contracts in federal court as the CFTC advances strict new rules for registered prediction markets.
Washington state has cut off Kalshi customer access while the platform challenges the restriction in court and its federal regulator keeps pursuing new rules.
The Commodity Futures Trading Commission registered Kalshi as a designated contract market in 2021, allowing it to list event contracts on elections, economic indicators, and weather.
Watch $BTC for the next session - if this move holds, it changes the read.
$BTC #BTC #CryptoRegulation #CryptoNews