Everyone wants SCOTUS to take up prediction markets: State of Crypto
- —Supreme Court has not yet indicated whether it will take up prediction market cases
- —Several amicus briefs have been filed by interested parties
- —Regulators issued an interim final rule and a rule proposal
Why it matters: The outcome will shape whether prediction markets such as Kalshi and Polymarket are treated as regulated financial products in the U.S.
Source: CoinDesk