US appeals court upholds preventing New Jersey enforcement against Kalshi

As states seek to regulate prediction markets, a panel of federal judges ruled in favor of Kalshi’s position that only the CFTC has jurisdiction.
Source: US appeals court upholds preventing New Jersey enforcement against Kalshi (https://cointelegraph.com/news/appellate-court-new-jersey-enforcement-kalshi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)