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Kalshi says CFTC, Michigan orders leave it in ‘impossible position’
The CFTC blocked Kalshi from unwinding Michigan trades, escalating a federal-state fight over who has the authority to regulate prediction markets.
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cryptobriefing.com
CFTC directs Kalshi to honor trades for Michigan residents despite state judge's order
The CFTC directed Kalshi to honor trades for Michigan residents despite a state judge's restraining order, escalating a federal vs. state jurisdiction
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theblock.co
CFTC orders Kalshi to honor Michigan trades, escalating clash with state regulators
Jurisdiction over prediction market platforms is an ongoing dispute between the CFTC and multiple state regulators.
