If granted, the keep would imply Kalshi would not be allowed to record its election markets till late September on the earliest. The corporate, which settles trades in U.S. {dollars}, has been locked out of this yr’s election betting increase, dominated by crypto-based rival Polymarket, which is barred from serving U.S. residents underneath its personal settlement with the CFTC.
Bitcoin Taps $63K After Fed Rate Cut Sparks Market Rally
Bitcoin reached an intraday peak of $63,227 on Thursday, following the U.S. Federal Reserve’s resolution to decrease the benchmark rate...