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CFTC Backs Kalshi as Ohio Targets Prediction Markets

CFTC Backs Kalshi as Ohio Targets Prediction Markets

2026-05-13

Prediction MarketsThe Commodity Futures Trading Commission has joined Kalshi’s Ohio court fight, widening a legal clash over prediction markets. The agency asked a federal appeals court to stop states from treating federally regulated event contracts as illegal gambling under state law. Ohio initiated action against Kalshi’s sports-related event contracts and filed an amicus brief in the […]

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