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Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations

September 26, 2026 CoinDesk 1 min read
CoinDesk
Another appeals court rules against prediction market provider Kalshi, says sports contracts are subject to state regulations

A Sixth Circuit Court of Appeals panel ruled that prediction markets’ sports-related events contracts are not swaps, and therefore aren’t subject to federal regulatory oversight.

Source: CoinDesk

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