JUST IN ⚡
Kalshi CEO Tarek Mansour warns that state‑led oversight could drive U.S. prediction markets out of the country 🚀.
Mansour said he feels “pretty good” about the pending outcome of the legal battle over who can regulate these markets, arguing that a patchwork of state rules would fragment liquidity and push platforms offshore. He cited recent SEC and CFTC moves as evidence that federal clarity is essential, and warned that fragmented oversight could stall innovation and limit consumer protection. Industry observers note that a decisive ruling could set a precedent for crypto‑related betting products, reshaping the regulatory landscape 🏛️.
The market now watches the court’s decision, aware that the ruling will shape the future of regulated prediction trading 📈.
$WAL, $AVA, $WAL
Kalshi CEO Tarek Mansour warns that state‑led oversight could drive U.S. prediction markets out of the country 🚀.
Mansour said he feels “pretty good” about the pending outcome of the legal battle over who can regulate these markets, arguing that a patchwork of state rules would fragment liquidity and push platforms offshore. He cited recent SEC and CFTC moves as evidence that federal clarity is essential, and warned that fragmented oversight could stall innovation and limit consumer protection. Industry observers note that a decisive ruling could set a precedent for crypto‑related betting products, reshaping the regulatory landscape 🏛️.
The market now watches the court’s decision, aware that the ruling will shape the future of regulated prediction trading 📈.
$WAL, $AVA, $WAL