PolicyReadWriteabout 2 hours ago
New Jersey Petitions Supreme Court on Kalshi
3 min read
New Jersey filed a Supreme Court petition on Sept. 2 regarding Kalshi's sports contracts. The state seeks to enforce gambling laws against the platform, while the CFTC proposes classifying such contracts as swaps. Kalshi maintains temporary protection under a preliminary injunction until the court decides on the case by Nov. 9.
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