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Trump Administration Backs Kalshi and Polymarket as Nevada Moves to Enforce Ban
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Bitcoin InsiderTrump Administration Backs Kalshi and Polymarket as Nevada Moves to Enforce Ban
A growing legal clash over prediction markets in the United States is intensifying after federal regulators aligned with the Trump administration stepped in to support industry operators Kalshi and Polymarket, even as Nevada moves forward with enforcement action to shut down parts of their businesses. The dispute raises a broader question facing courts and regulators: whether prediction markets are financial products governed by federal law or a…
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