The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress -- not the regulator -- has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.
Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing
Coin Desk - 18 Nov 2024 20:33
The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress -- not the regulator -- has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing.
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