The CFTC has ordered Kalshi to honor certain Michigan trades despite a state court directive to cancel and refund them. The move opens a new front in the federal regulator’s fight with states over prediction markets. The Commodity Futures Trading Commission (CFTC) has ordered Kalshi to fulfill certain trades involving Michigan residents after the prediction […] The post CFTC Orders Kalshi to Honor Michigan Trades, Escalating Fight With States Over Prediction Markets appeared first on Gambling Insider.
Source: Gambling Insider →