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Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing

by SB Crypto Guru News
November 18, 2024
in Bitcoin
Reading Time: 1 min read
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After Cobb issued her decision, the CFTC requested that she stay her order while they appealed it. Cobb declined to do so. When the regulator then asked a U.S. federal appeals court to temporarily block the election-related events contracts, the appeals court also declined, issuing a unanimous decision denying the CFTC’s emergency motion to stay and arguing that the CFTC had provided “no concrete basis” to conclude that election contracts could harm the public interest.



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Tags: AppealsbanBettingBitcoin NewsCongresscourtCrypto NewsCrypto UpdateselectionFilingKalshiLatest News on CryptoSB Crypto Guru NewsTells
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