CFTC Seeks to Block Arizona from Applying Gambling Laws to Kalshi

AIcoin2026/04/09 06:34

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The Commodity Futures Trading Commission (CFTC) and the Department of Justice have filed a lawsuit in court to block Arizona from applying gambling laws to prediction market operator Kalshi, stating that its sports and event contracts are considered financial derivatives "swaps" and should be governed by the Commodity Exchange Act and federal jurisdiction, rather than state gambling laws. The court's ruling may determine whether prediction markets will be regulated nationwide under a unified federal framework or continue to be restricted by state gambling laws.

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华尔街见闻•2026/11/13 07:48