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Follow-up to Judge bars Kalshi sports bets on tribal lands
CFTC tells prediction markets to serve every state
The CFTC said late Thursday November 5 that prediction markets like Kalshi must serve every state. A federal judge in California has blocked Kalshi's access in certain tribal areas. Exchanges get 30 days to reopen blocked states or explain why that is not feasible. The order puts the regulator at odds with several court rulings.
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CFTC says prediction markets can't block states
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CoinDesk
· 1w ago
U.S. prediction markets regulator issues demand that clashes directly with courts