💻 Technology 16h ago · ReadWrite

Kalshi Keeps New Jersey Sports Contracts Under Court Protection

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Kalshi Keeps New Jersey Sports Contracts Under Court Protection
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The CFTC is proposing clearer rules for event contracts as New Jersey asks the Supreme Court to review whether it can enforce gambling laws against Kalshi’s sports markets. Neither step settles the dispute over how federal oversight intersects with state authority.
Two measures, different purposes
Announced on Oct. 9, the CFTC’s proposed amendment would classify contracts tied to sports, politics, culture and weather as swaps. The agency says their exchange-based structure differs from ordinary

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