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CFTC declares market emergency, orders Kalshi to continue to operate in New York

Article URL: https://www.cftc.gov/PressRoom/PressReleases/9281-26 Comments URL: https://news.ycombinator.com/item?id=49266277 Points: 121 # Comments: 101…

This is a short WorldPing brief. The full report was published by Hacker News.

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Connecticut Judge Says Kalshi Sports Contracts Were Never SwapsWorldPing
Bitcoin.com

Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps

A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTC’s exclusive jurisdiction never attached.

Brief by WorldPing · Original reporting by Bitcoin.com