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by nl
587 days ago
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Kalshi is allowed to offer Futures under supervision of the CFTC[1]. The CFTC had previously said that prediction markets are not futures (they claimed they are illegal gaming), and Kalshi sued to get a ruling that they are futures. Polymarket has avoided coming under regulation by the CFTC by avoiding US users. For their markets to be legal under current regulations they'd have to have all their markets approved by CFTC. [1] https://kalshi.com/blog/article/how-is-kalshi-regulated |
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