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Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations

Source: coinDesk September 25, 2026 · 14:17
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations
From the publisher
A Sixth Circuit Court of Appeals panel ruled that prediction markets' sports-related events contracts are not swaps, and therefore aren't subject to federal regulatory oversight.
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