Regulator’s Attempt to Block Election Betting Contracts Rejected by Federal Appeals Court
‘US presidential election markets are legal. Officially. Finally. Kalshi prevails,’ Kalshi CEO Tarek Mansour said on social media. A federal appeals court has rejected an attempt by U.S. financial regulators to block derivatives trading platform Kalshi from offering contracts that let people make speculative bets on the outcome of U.S. elections. The U.S. Court of