The U.S. Commodity Futures Trading Commission (CFTC) has dropped its appeal regarding Kalshi’s right to accept bets on US election outcomes, concluding a two-year legal battle. Kalshi’s founder, Tarek Mansour, expressed satisfaction, stating, “Election markets are here to stay.”
Kalshi’s platform now accepts USDC, enhancing its appeal to crypto traders. This move reflects a broader trend of decreased regulatory oversight of tech firms since the Trump administration.
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