U.S. CFTC moves to stop Kalshi from canceling trades as ordered by Michigan court
The federal derivatives regulator, which oversees trading at Kalshi, argued it was inappropriate for Michigan to "bully" the firm into reversing trades.
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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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CFTC orders Kalshi to honor Michigan trades, escalating clash with state regulators
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