KillBait NewsUS Appeals Court Rules CFTC Has Exclusive Jurisdiction Over Kalshi Prediction Market, Blocking New Jersey Regulation
📰 Original title: New Jersey Cannot Regulate Kalshi's Prediction Market, US Appeals Court Rules
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US Appeals Court Rules CFTC Has Exclusive Jurisdiction Over Kalshi Prediction Market, Blocking New Jersey Regulation
A federal appeals court in Philadelphia has ruled that New Jersey gaming regulators cannot stop prediction market operator Kalshi from allowing state residents to trade contracts on the outcomes of…