NEW: CFTC Investigates Kalshi Over Product Notification Failures
The CFTC is investigating whether Kalshi failed to notify the regulator about several products in development, according to a report from Politico. A Kalshi spokesperson characterized the issue as a "procedural error."
"The notice is about a procedural error involving the submission of a handful of contracts, many of which weren't live," the spokesperson told The Block. "We are already addressing the issue."
#Kalshi #CFTC #Regulation #PredictionMarkets #CryptoNews #Policy #Finance
The CFTC is investigating whether Kalshi failed to notify the regulator about several products in development, according to a report from Politico. A Kalshi spokesperson characterized the issue as a "procedural error."
"The notice is about a procedural error involving the submission of a handful of contracts, many of which weren't live," the spokesperson told The Block. "We are already addressing the issue."
#Kalshi #CFTC #Regulation #PredictionMarkets #CryptoNews #Policy #Finance
