CFTC invokes emergency powers to keep Kalshi operating in New York fight
The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.
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The order escalates a jurisdictional fight over whether states may treat federally regulated event contracts as illegal gambling.
Why this matters
Kalshi is showing up inside the Regulation theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
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4 sources
CFTC flexes emergency authority to keep Kalshi operating amid New York lawsuit
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CFTC orders Kalshi to continue offering prediction markets in New York after state lawsuit
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