Meet the election betting upstart suing the government
The fledgling industry for betting on U.S. election outcomes — through regulated exchanges, not black markets — has been subject to immense regulatory scrutiny. Now, start-up company Kalshi is suing the Commodity Futures Trading Commission for blocking its plan to create one of these political markets. On POLITICO Tech, Kalshi co-founder Tarek Mansour argues these exchanges are not only legal, but good for democracy.
Audio is streamed directly from the publisher (traffic.megaphone.fm) 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
The fledgling industry for betting on U.S. election outcomes — through regulated exchanges, not black markets — has been subject to immense regulatory scrutiny. Now, start-up company Kalshi is suing the Commodity Futures Trading Commission for blocking its plan to create one of these political markets. On POLITICO Tech, Kalshi co-founder Tarek Mansour argues these exchanges are not only legal, but good for democracy.
Learn more about your ad choices. Visit megaphone.fm/adchoices