Kalshi Faces Nevada Restraining Order, Prediction Markets Clash with Regulators
Bitcoin & Crypto News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Kalshi, a prediction market platform, faces potential temporary shutdown in Nevada as a restraining order looms. The Ninth Circuit Court of Appeals denied Kalshis request to block the move, sending the case back to state court. Kalshi is also entangled in regulatory disputes with over a dozen states over sports betting products. The Commodity Futures Trading Commission supports Kalshis claim for federal oversight, asserting sole jurisdiction.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/e5b4f15ab674b991