Chatbots Kalshi can’t evade Nevada gambling laws by calling bets “swaps,” court rules The CFTC has been suing states that try to regulate or ban prediction markets, saying it alone has jurisdiction over…
AI News Sports bets on prediction markets ruled to be “swaps,” exempt from state laws Under the law, swaps include event contracts, judges noted. The Dodd-Frank Act gave the CFTC discretionary power to review and…
