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Trump regulator orders Kalshi to defy Michigan court – escalating battle over prediction markets | CNN Politics
The Trump administration took an extraordinary step this week to escalate its nationwide efforts to prevent states from regulating prediction markets, where users can trade on real-world events like sports, politics and pop culture.
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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.
