should prediction markets be classified as derivatives or put under the craw‐scratching eyes of state gaming regulations? The platforms in question-Kalshi and Polymarket-have already brought election forecasts, economic data and corporate milestones into the mainstream, prompting a barrage of legal war‑horses from the CFTC, standing by to defend federal jurisdiction against states bent on imposing their own restrictions.
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2026-05-19 20:52