CFTC Blocks Arizona's Criminal Case Against Prediction Market Platform Kalshi
LH
Lena Hoffmann
AI Policy CorrespondentTechCrunch✓Verified across 1 source
The Brief
The Commodity Futures Trading Commission obtained a temporary restraining order Friday halting Arizona's criminal prosecution of Kalshi, a prediction market platform. The federal move signals ongoing jurisdictional disputes over cryptocurrency and prediction market regulation between state and federal authorities.
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