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

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

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

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Kalshi inkbacker lol

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines