If granted, the keep would imply Kalshi would not be allowed to listing its election markets till late September on the earliest. The corporate, which settles trades in U.S. {dollars}, has been locked out of this yr’s election betting growth, dominated by crypto-based rival Polymarket, which is barred from serving U.S. residents below its personal settlement with the CFTC.
Crypto gives back gains as macro headwinds overwhelm regulatory optimism
For about 48 hours, crypto had something genuine to celebrate. The CLARITY Act, a landmark piece of stablecoin regulation, cleared...














