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Kalshi takes legal blow in court ruling confirming state powers over prediction markets

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Kalshi takes legal blow in court ruling confirming state powers over prediction markets

This latest U.S. appeals court ruling sets up a rift between federal courts on event contracts, suggesting the U.S. Supreme Court may need to settle the matter.

Kalshi takes legal blow in court ruling confirming state powers over prediction markets

Source：CoinDesk

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Source：https://www.coindesk.com/policy/2026/08/28/kalshi-takes-legal-blow-in-court-ruling-confirming-state-powers-over-prediction-markets