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Solely Congress Can Ban Election Betting, Kalshi Tells Appeals Courtroom in New Submitting

by Index Investing News
November 18, 2024
in Cryptocurrency
Reading Time: 1 min read
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After Cobb issued her resolution, the CFTC requested that she keep her order whereas they appealed it. Cobb declined to take action. When the regulator then requested a U.S. federal appeals court docket to briefly block the election-related occasions contracts, the appeals court docket additionally declined, issuing a unanimous resolution denying the CFTC’s emergency movement to remain and arguing that the CFTC had offered “no concrete foundation” to conclude that election contracts might hurt the general public curiosity.



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