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2024-10-02 19:21:03
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Summary of US appeals court greenlights election prediction markets

Summary of US appeals court greenlights election prediction markets
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/01924e23-6931-756f-ad00-88fb3ec9af89

The source article:
US appeals court greenlights election prediction markets
https://images.cointelegraph.com/cdn-cgi/image/format=auto,onerror=redirect,quality=90,width=1200/https://s3.cointelegraph.com/uploads/2024-10/01924e23-6931-756f-ad00-88fb3ec9af89

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.
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