CFTC says court ‘erred at every turn’ in allowing Kalshi’s election markets
The CFTC says a federal court judge “mistakenly erred” when it allowed betting market Kalshi to list event contracts for the 2024 US elections.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The CFTC says a federal court judge “mistakenly erred” when it allowed betting market Kalshi to list event contracts for the 2024 US elections.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Commodity Markets Council urges CFTC to block Kalshi’s perpetual oil futures contract
Blocking Kalshi's contract could maintain current oil market structures, while approval might lead to increased complexity and vol...
Blumenthal Asks Tether to Detail Every Payment to Nxum, Bo Hines’ Consulting Firm
Sen. Richard Blumenthal (D-Conn.), the ranking member of the Senate Permanent Subcommittee on Investigations, demanded records on...
Phantom brings Kalshi prediction markets to US users as legal fights mount
The integration highlights the tension between federal and state regulations, potentially reshaping the legal landscape for predic...
Ripple Makes a Shock SEC Move After $150M XRP Fight as OCC Unveils GENIUS Act Rules
In an October 20 comment letter, Ripple supported the proposed framework while requesting changes to how federal securities law tr...
Blockchain Association Presses Congress on Crypto Taxes as Clarity Act Stalls
Bitcoin Magazine Blockchain Association Presses Congress on Crypto Taxes as Clarity Act Stalls The Blockchain Association sent a l...
Are You Sure Your USDC Rewards Are Safe?
Under the GENIUS Act, the stablecoin law Congress passed in July 2025, companies that issue stablecoins can’t pay interest to the...