EconomyKalshi suffers legal setback as court ruling affirms state power over prediction markets
A latest U.S. appeals court ruling confirms that states have authority over prediction markets, dealing Kalshi a legal setback. The decision sets up a split among federal courts over event contracts and raises the possibility that the U.S. Supreme Court will have to resolve the dispute.
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CoinDesk★★☆☆☆2026-08-28 21:28Original
Kalshi suffers legal setback as court ruling affirms state power over prediction markets
Economy