CFTC Orders Kalshi to Continue Operations Amid New York Lawsuit
CFTC Orders Kalshi to Continue Operations Amid New York Lawsuit
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The Commodity Futures Trading Commission (CFTC) has issued an order for Kalshi to maintain its operational status. This directive comes after Kalshi informed the regulator that a New York state lawsuit had created a 'market emergency,' necessitating regulatory intervention to ensure continuity.
The CFTC gave the order after Kalshi told the regulator that a New York state lawsuit is causing a 'market emergency.'