Robinhood halts rollout of Super Bowl betting contracts after CFTC request
Robinhood said it was "disappointed by the outcome." "We are heeding their directive to cease offering these contracts despite the fact that the CFTC has not deemed Kalshi's football championship contracts illegal," said Lucas Moskowitz, Robinhood's general counsel. Representatives for Kalshi and the CFTC did not immediately respond to Reuters' requests for comment.
Reuters
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50 minutes ago
