alt Hacker NewsSo the CFTC frames Kalshi as a financial derivatives exchange for the financial instrument category of event contracts, dismissing NYs characterization of it as a gambling/betting platform. Interesting.
Replies
Pxtl • today at 1:07 AM
Laws are for poor people
cyanydeez • today at 12:48 AM
no, it frames it as a grift economy subsidy.
What exactly is the difference between a financial derivatives exchange and a gambling platform? Both involve placing bets on uncertain future outcomes.