CFTC: Invokes Emergency Powers for Kalshi
CFTC activates emergency powers to sustain Kalshi trading against New York suit, citing CFTC emergency powers history and Kalshi CFTC regulation vs state lawsuits New York.
SourceAnalysis
CFTC invoked emergency powers to keep Kalshi trading despite the New York suit. Regulators drew directly from CFTC emergency powers history and precedent in market disputes while navigating Kalshi CFTC regulation vs state lawsuits New York tensions that have defined prediction market oversight over the past year.
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