Kalshi CEO says state-led oversight would push prediction markets out of the U.S.
- —Mansour said he feels "pretty good" about the pending outcome of the current legal fight
- —The dispute centers on whether federal regulators or states have the right to oversee prediction markets
- —State-led oversight would push prediction markets out of the U.S., the CEO said
Why it matters: The ruling will determine whether platforms like Kalshi and Polymarket remain accessible to U.S. users.
Source: CoinDesk
More on this
Exchanges · Oct 7Kalshi Launches Stock-Index Perpetual as Prediction Markets Push Into Traditional Finance
Regulation · Oct 13CME CEO says CFTC oversight of prediction markets is a stretch, expects Supreme Court ruling
Regulation · Sep 30ECB pushes for stricter MiCA rules on stablecoins, staking and crypto oversight