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#CFTCOrdersKalshiToKeepOperating
🚨 CFTC ORDERS KALSHI TO KEEP OPERATING
The U.S. Commodity Futures Trading Commission (CFTC) has used its emergency authority to direct prediction-market platform Kalshi to continue operating in New York amid an escalating legal battle with the state.
🇺🇸 New York has been challenging Kalshi’s sports-related prediction markets, arguing that they amount to unlicensed gambling under state law. Kalshi maintains that its event contracts are federally regulated financial products under CFTC jurisdiction.
⚖️ The CFTC’s latest move intensifies the broader state-vs-federal regulatory battle over prediction markets. The agency says Kalshi, as a federally registered designated contract market, should continue performing its exchange functions under the Commodity Exchange Act’s core principles.
📈 The decision could have major implications for Kalshi, prediction markets, sports-event contracts and the future relationship between federal derivatives regulation and state gambling laws.
🔥 BIG QUESTION: Can a state shut down a federally regulated prediction market, or does federal CFTC authority take priority?
$APR 🆚 $VELVET 🆚 $FHE
#CFTC #Kalshi #PredictionMarkets #BreakingNews
🚨 CFTC ORDERS KALSHI TO KEEP OPERATING
The U.S. Commodity Futures Trading Commission (CFTC) has used its emergency authority to direct prediction-market platform Kalshi to continue operating in New York amid an escalating legal battle with the state.
🇺🇸 New York has been challenging Kalshi’s sports-related prediction markets, arguing that they amount to unlicensed gambling under state law. Kalshi maintains that its event contracts are federally regulated financial products under CFTC jurisdiction.
⚖️ The CFTC’s latest move intensifies the broader state-vs-federal regulatory battle over prediction markets. The agency says Kalshi, as a federally registered designated contract market, should continue performing its exchange functions under the Commodity Exchange Act’s core principles.
📈 The decision could have major implications for Kalshi, prediction markets, sports-event contracts and the future relationship between federal derivatives regulation and state gambling laws.
🔥 BIG QUESTION: Can a state shut down a federally regulated prediction market, or does federal CFTC authority take priority?
$APR 🆚 $VELVET 🆚 $FHE
#CFTC #Kalshi #PredictionMarkets #BreakingNews
$BANK Long (50x Leverage) — The demand zone needs to hold, or the setup is invalidated.
$BANK has tapped into my key demand zone, and the upcoming candle will determine the outcome. I’m already in position, but if this zone breaks, I will cut the trade immediately without second-guessing.
Execution Plan:
Entry Range: 0.03467 – 0.03485
Target 1: 0.03540 (1:0.8 R:R)
Target 2: 0.03583 (1:1.3 R:R)
Target 3: 0.03648 (1:2.0 R:R)
Stop Loss: 0.03390
#USJulyCPI&PPIDueThisWeek #CFTCOrdersKalshiToKeepOperating $BANK
$BANK has tapped into my key demand zone, and the upcoming candle will determine the outcome. I’m already in position, but if this zone breaks, I will cut the trade immediately without second-guessing.
Execution Plan:
Entry Range: 0.03467 – 0.03485
Target 1: 0.03540 (1:0.8 R:R)
Target 2: 0.03583 (1:1.3 R:R)
Target 3: 0.03648 (1:2.0 R:R)
Stop Loss: 0.03390
#USJulyCPI&PPIDueThisWeek #CFTCOrdersKalshiToKeepOperating $BANK
$OPEN OpenLedger (OPEN) is an AI-focused blockchain project listed on Binance, with its token used for transactions, governance, rewards, and AI-related activities. The project has potential because of the growing AI and blockchain sectors, and Binance listing provides good liquidity and visibility. However, it can experience significant volatility, especially around token unlocks and market-wide Bitcoin movements. Overall, OPEN looks interesting for speculative investors, #USJulyCPI&PPIDueThisWeek #CFTCOrdersKalshiToKeepOperating
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