U.S. Appeals Court Clears Kalshi to Offer Election Betting Contracts

A U.S. federal appeals court has granted permission to Kalshi, an online prediction market, to resume offering contracts that allow Americans to bet on election outcomes. The U.S. Court of Appeals for the D.C. Circuit upheld a lower court’s decision, rejecting concerns raised by the Commodity Futures Trading Commission (CFTC) that such contracts could harm […]