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CFTC Pleads With Choose to Block Kalshi Election Contracts for 14 Days

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If granted, the keep would imply Kalshi would not be allowed to listing its election markets till late September on the earliest. The corporate, which settles trades in U.S. {dollars}, has been locked out of this yr’s election betting increase, dominated by crypto-based rival Polymarket, which is barred from serving U.S. residents beneath its personal settlement with the CFTC.

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