CFTC Uses Emergency Powers in Fight Over Event Contracts in New York

2026-08-27

The Commodity Futures Trading Commission (CFTC) has invoked emergency powers to allow Kalshi, an event contracts exchange, to continue operating in New York. This action escalates a jurisdictional dispute concerning whether states can classify federally regulated event contracts as illegal gambling.

Source: CoinTelegraph

Reported by VERA Newswire.