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Connecticut Judge Says Kalshi Sports Contracts Were Never Swaps

Bitcoin.com

Bitcoin News / Bitcoin.com 24 Views

CFTC logo and Kalshi logo half-in-half.A federal judge denied Kalshi’s request for a preliminary injunction against Connecticut regulators, holding that its sports-event contracts are not swaps under the Commodity Exchange Act, so the CFTC’s exclusive jurisdiction never attached. Coinbase Financial Markets lost a companion motion on the same reasoning despite never having received a cease-and-desist. Not Swaps, and Not Preempted […]
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