Kalshi takes legal blow in court ruling confirming state powers over prediction markets

This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter.
Key Takeaways
- appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S.
- Supreme Court may need to settle the matter.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation

Evernorth XRP Treasury Deal Advances After SEC Filing Takes Effect
The SEC cleared a key regulatory step in Evernorth’s proposed merger, moving the XRP treasury company closer to a Nasdaq listing under the ticker XRPN. Evernorth Merger Moves to Shareholder Vote Evernorth Holdings Inc. moved closer to its planned Nasdaq…
SEC Approves Revised Bitcoin ETF Framework for Retail Investors
The U.S. Securities and Exchange Commission has approved a revised framework allowing more Bitcoin ETF products aimed at retail investors. The update standardises disclosure and custody requirements across issuers, and is expected to broaden institutional…
Solana Neobank Avici Hacked for $650,000. Token Crashes 40%
An Avici exploit drained $652,000 from Solana card vaults the company said only users could touch. AVICI fell 44%. The post Solana Neobank Avici Hacked for $650,000. Token Crashes 40% appeared first on BeInCrypto.