EconomyAnother appeals court rules against Kalshi, says sports contracts face state regulation
A panel of the Sixth Circuit Court of Appeals ruled that sports-related event contracts offered by prediction markets are not swaps. As a result, they fall outside federal regulatory oversight but remain subject to state regulations.
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CoinDesk★★☆☆☆2026-09-25 21:17Original
Another appeals court rules against Kalshi, says sports contracts face state regulation
Economy