Summary of US appeals court greenlights election prediction markets
Summary of US appeals court greenlights election prediction markets
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The source article:
Despite opposition from regulators, a US federal appeals court has greenlighted Kalshi, a derivatives exchange, to list event contracts tied to US election outcomes. This paves the way for election prediction markets, including Web3 platforms such as Polymarket, to operate in the US.
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The source article:
quoting nevent1q…fxrkUS appeals court greenlights election prediction markets
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The ruling paves the way for election prediction markets to operate in the United States.
https://cointelegraph.com/news/us-appeals-court-greenlights-election-prediction-markets
Despite opposition from regulators, a US federal appeals court has greenlighted Kalshi, a derivatives exchange, to list event contracts tied to US election outcomes. This paves the way for election prediction markets, including Web3 platforms such as Polymarket, to operate in the US.