News
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state…
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.
· 1 min read · 93 words · via CoinDesk
Wire briefing
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.
Source: CoinDesk. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.
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