CFTC Emergency Order Kalshi Stays Open To Texas Bettors
The CFTC invoked Section 8a(9) emergency power Aug. 11 to keep Kalshi’s exchange operating nationwide. New York’s suit seeks at least $36 billion from Kalshi, an exchange whose publicly reported valuation is $22 billion. Texas is not among the nine states the CFTC has sued over event-contract enforcement. A Texas Senate committee is studying the … Read more