Federal court blocks Arizona crackdown on Kalshi’s event contracts

Federal court blocks Arizona crackdown on Kalshi’s event contracts

0.69%TRX$0.3186 0.33%LINK$9.02 0.67%ADA$0.2504 0.19%BCH$441.03 0.51%XRP$1.34 0.68%ETH$2,244 2.13%BTC$72,908 1.53%XMR$339.40 2.50%BNB$606.88 0.84%XLM$0.1536 0.79%SOL$84.50 1.16%HYPE$42.48 3.57%USD Written by Amin Haqshanas,Staff WriterReviewed by Bryan O'Shea,Staff EditorFederal court blocks Arizona crackdown on Kalshi’s event contracts2 hours agoA federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with the CFTC. A federal judge in Arizona has temporarily barred state officials from enforcing gambling laws against Kalshi, siding with US regulators in a growing dispute over how event-based trading products should be classified. In an order issued on Friday, Judge Michael Liburdi of the US District Court for the District of Arizona granted a request from the Commodity Futures Trading Commission (CFTC) and the federal governmen

Source: https://cointelegraph.com/news/arizona-court-kalshi-gambling-enforcement-block?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound