Regulation· ★★★· neutral·

Kalshi CEO: company will move offshore if US courts hand prediction markets to states

  • —Mansour framed the fight as "US versus offshore," not states versus federal regulators
  • —Appeals courts have split: one ruling backs Kalshi, two side with the states
  • —The CFTC is advancing rules to classify event contracts as swaps
  • —Kalshi is weighing an IPO at a valuation of up to $22 billion
Why it matters: The ruling will decide whether prediction markets stay in the US under CFTC oversight or follow crypto exchanges offshore.
Source: 動區 BlockTempo