Closing the loophole: Prediction markets disguised as financial derivatives
Congresswoman Dina Titus argues that prediction market platforms like Kalshi exploit a regulatory loophole by labeling sports bets as financial derivatives to avoid state-level consumer protections and oversight.
Congresswoman Dina Titus argues that prediction market platforms like Kalshi exploit a regulatory loophole by labeling sports bets as financial derivatives to avoid state-level consumer protections and oversight.
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