Kalshi’s Push to Punish Polymarket Has Yet to Move CFTC

Kalshi has gotten many of the policies it wants from the Commodity Futures Trading Commission (CFTC) since chairman Mike Selig assumed his role in December. Selig supports Kalshi’s main goal of having sports prediction markets governed by the federal agency rather than states. Selig’s approach has aided Kalshi’s valuation run-up—last month, the firm said its […]