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

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

    By Crypto EditorNovember 18, 2024No Comments1 Min Read
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    Solely Congress Can Ban Election Betting, Kalshi Tells Appeals Courtroom in New Submitting

    After Cobb issued her choice, 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 courtroom to briefly block the election-related occasions contracts, the appeals courtroom additionally declined, issuing a unanimous choice denying the CFTC’s emergency movement to remain and arguing that the CFTC had supplied “no concrete foundation” to conclude that election contracts may hurt the general public curiosity.



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