alt Hacker NewsThis might be happening with the founders of Kalshi. The federal law and CFTC has been saying that these prediction markets are federally regulated, but they're facing criminal charges in some states.
This might be happening with the founders of Kalshi. The federal law and CFTC has been saying that these prediction markets are federally regulated, but they're facing criminal charges in some states.
Even that causes problems though as normal casinos with sports betting are then offering a cftc regulated product without a license.