U.S. CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress

The prediction markets – which allow people “to buy and sell contracts on whether events are going to happen or not,” as Kalshi describes it on its site – have had a tumultuous recent history with the CFTC. Other companies had been ordered to cease doing business in the U.S., such as Polymarket and PredictIt, […]

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