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Escalating the Prediction Markets Fight

Summary by Blockhead
The CFTC says federal law clearly overrides state gambling rules. The problem is that the courts have never actually said that — and the agency’s aggressive defense of Kalshi could put its own powers at risk.
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1 Articles

BlockheadBlockhead

Escalating the Prediction Markets Fight

The CFTC says federal law clearly overrides state gambling rules. The problem is that the courts have never actually said that — and the agency’s aggressive defense of Kalshi could put its own powers at risk.

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Blockhead broke the news on Friday, September 11, 2026.
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