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RegulationGlobal · India

Kalshi loses appeal over Ohio and Tennessee sports betting laws, widening circuit split

The Block
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Kalshi loses appeal over Ohio and Tennessee sports betting laws, widening circuit split

A federal appeals court ruled on Friday that Kalshi has not adequately shown its sports event contracts are swaps under the Commodity Exchange Act.

Key Takeaways

  1. A federal appeals court ruled on Friday that Kalshi has not adequately shown its sports event contracts are swaps under the Commodity Exchange Act.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from The Block. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.