Prediction Market Kalshi Signals It Sees CFTC's Blessing for Midterm Election Bets

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Prediction Market Kalshi Signals It Sees CFTC's Blessing for Midterm Election Bets
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Prediction market Kalshi is sending strong signal it expects to be able to offer contracts linked to the Nov. 8 U.S. election. inkbacker reports

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Prediction market Kalshi is hinting strongly Friday that it expects U.S. regulators to approve its request to debut contracts linked to the Nov. 8 U.S. election., under the heading"Countdown to election markets," there's a clock counting down to midnight in the U.S. There is a caveat, though: a note saying"Pending regulatory approval."

Kalshi, unlike some alternatives, has taken a cautious approach to launching its service and introducing contracts, working closely with the U.S. Commodity Futures Trading Commission to get permission. An ex-CFTC commissioner,Others have struggled to remain available for Americans. PredictIt, another prediction market, was told by the CFTC earlier this year to

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Kalshi inkbacker lol

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